macroeconomic impact of transportation investment on the Spanish economy

This paper compares the responses of employment and GDP Spanish growth to a permanent unitary shock in different types of transport capital stock, with those estimated in the literature. The theoretical model used to estimate the step response functions is the multiple equations dynamic model propos...

Full description

Bibliographic Details
Main Authors: Carolina Cosculluela-Martínez, R. Flores de Frutos
Format: Article
Language:English
Published: TU Delft OPEN Publishing 2015-09-01
Series:European Journal of Transport and Infrastructure Research
Online Access:https://journals.open.tudelft.nl/ejtir/article/view/3087