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Original Articles

Testing for long run relationship between infrastructure and private capital productivity: a time series analysis for the Greek industry

Pages 243-246 | Published online: 06 Oct 2010
 

Abstract

This paper addresses the question of whether there is a long run relationship between infrastructure and private capital productivity of Greek industry. Causality issues are also discussed. The results provide evidence in favour of productivity enhanced by public capital stock, and of no feedback from the former to the later.

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