In this paper, we use a VAR approach to investigate the effects of public investment in transportation infrastructures on private investment, employment, and output in Portugal. Estimation results suggest that public investment crowds in private investment and employment, and has a strong...

Purpose – The purpose of this paper is to analyze possible causal relationships between exports, inward foreign investment and economic growth in Portugal and identify their direction. Design/methodology/approach – The paper uses a three‐stage procedure based on unit root, cointegration...

Purpose – The purpose of this paper is to analyze possible causal relationships between exports, inward foreign investment and economic growth in Portugal and identify their direction. Design/methodology/approach – The paper uses a three-stage procedure based on unit root, cointegration and...