Historical contribution of road infrastructure investment on economic growth, production per worker and income per capita in Costa Rica

 

Tallennettuna:
Bibliografiset tiedot
Tekijät: Cruz Camacho, Camilo Santa, Peréz Salas, Mónicka
Aineistotyyppi: artículo original
Tila:Versión publicada
Julkaisupäivä:2025
Kuvaus:This paper tests the hypothesis of investment in road infrastructure affecting the economic growth of Costa Rica, from 1950 to 2017. To prove this, an economic growth function was estimated which, in addition to labor, private capital and human capital as inputs, it incorporates road capital under the approach of an atmosphere good that affects the economic dynamics. Results show a significant historical relationship between road infrastructure and economic growth, with elasticity estimates ranging from 0.12 to 0.21. These findings highlight the importance of increasing both the level and quality of investments to boost economic growth. Finally, the study suggests improvements in measurement methods and identifies future research directions.
Maa:Portal de Revistas UCR
Organisaatio:Universidad de Costa Rica
Repositorio:Portal de Revistas UCR
Kieli:Español
OAI Identifier:oai:portal.revistas.ucr.ac.cr:article/4057
Linkit:https://revistas.ucr.ac.cr/index.php/reconomicas/article/view/4057
Sanahaku:PRODUCTIVITY
PUBLIC INVESTMENT
GROSS CAPITAL FORMATION
ECONOMIC DEVELOPMENT
COMPETITIVENESS
TOTAL FACTOR PRODUCTIVITY
TRANSPORT ECONOMICS
O4
R4
PRODUCTIVIDAD
INVERSIÓN PÚBLICA
FORMACIÓN BRUTA DE CAPITAL
DESARROLLO ECONÓMICO
COMPETITIVIDAD
PRODUCTIVIDAD TOTAL DE LOS FACTORES
ECONOMÍA DEL TRANSPORTE