Submitted by: Submitted by smnnl
Views: 326
Words: 3056
Pages: 13
Category: Societal Issues
Date Submitted: 10/29/2012 01:11 AM
The composition of social
infrastructure & economic growth
modelling a multi-sector framework
submitted on: June 12, 2012
Institute of Economic Theory, -Policy and -History
Faculty of Public Economics and Statistics,
Leopold-Franzens-University Innsbruck
authors: Mennel Simon Thomas, Meusburger Josef Simon, Kleinhans Thomas
ID:
0816296, 0817769, 0715041
class:
LV 432171-0 12S
program: applied economics
year:
WS 2011
Contents
1 Introduction
4
2 Building up the theoretical framework
4
2.1
Economic Infrastructure . . . . . . . . . . . . . . . . . . . . . . .
5
2.2
Social Infrastructure . . . . . . . . . . . . . . . . . . . . . . . . .
5
2.3
Determining the role of Social Infrastructure . . . . . . . . . . . .
6
3 The Model
7
4 Empirical Results
8
4.1
8
4.1.1
Gross Domestic Product (GDP) . . . . . . . . . . . . . . .
8
4.1.2
Absolute Public Social Spending (PSS) . . . . . . . . . . .
8
4.1.3
Absolute Private Health Spending (PHS) . . . . . . . . . .
9
4.1.4
Absolute Public Health Spending (PUHS) . . . . . . . . .
9
4.1.5
Absolute Education Spending (ESP) . . . . . . . . . . . .
9
4.1.6
Total Labour Force (TLF) . . . . . . . . . . . . . . . . . .
10
4.1.7
4.2
Data Source and Transformation . . . . . . . . . . . . . . . . . .
Expenditure on R&D (RD) . . . . . . . . . . . . . . . . .
10
Empirical Analysis . . . . . . . . . . . . . . . . . . . . . . . . . .
11
5 Interpretation and Conclusion
11
Literatur
12
List of Figures
1
Gross Domestic Product . . . . . . . . . . . . . . . . . . . . . . .
8
2
Absolute Public Social Spending . . . . . . . . . . . . . . . . . . .
8
3
Absolute Private Health Spending . . . . . . . . . . . . . . . . . .
9
4
Absolute Public Health Spending . . . . . . . . . . . . . . . . . .
9
5
Absolute Education Spending . . . . . . . . . . . ....