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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2673

Title: How should we measure the return on public investment in a VAR?
Authors: Pina, Álvaro
St. Aubyn, Miguel
Keywords: public investment
rate of return
VAR
Issue Date: 2005
Publisher: ISEG – Departamento de Economia
Citation: Pina, Álvaro e Miguel St. Aubyn. 2005. "How should we measure the return on public investment in a VAR?". Instituto Superior de Economia e Gestão - DE Working papers nº 4-2005/DE/UECE
Series/Report no.: DE Working papers;nº 4-2005/DE/UECE
Abstract: Pereira's (2000) method of computing the return on public investment in a VAR is extended. A new return measure which accounts for public and private costs is proposed. An application to US data shows non-trivial differences between alternative return rates.
URI: http://hdl.handle.net/10400.5/2673
ISSN: 0874-4548
Publisher version: https://aquila1.iseg.utl.pt/aquila/getFile.do?method=getFile&fileId=26421
Appears in Collections:UECE - Documentos de Trabalho / UECE - Working Papers
DE - Documentos de trabalho / Working Papers

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