Alfredo Marvão Pereira

Prof. Alfredo Marvão Pereira

William & Mary, Williamsburg, Florida, USA
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Research Focus & Metrics

Academic Career Length

39Years (1988-Present)

(Calculated once Scilit publication data is synced: current year − year of first publication + 1)

Representative Publications

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1 August 2014 in Energy
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Journal Article
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PFPatrícia Fortes
Patrícia Fortes
RPRui Pereira
Rui Pereira
APAlfredo Marvão Pereira
Alfredo Marvão Pereira
JSJúlia Seixas
Júlia Seixas

1 January 2001 in Public Finance Review
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APAlfredo Marvão Pereira
Alfredo Marvão Pereira
This article provides an empirical investigation of the effects of public investment on the evolution of private investment in the United States. It is based on the impulse response analysis associated with vector auto-regressive (VAR) estimates. The empirical results suggest that at the aggregate level, public investment crowds in private investment. Disaggregating private investment shows that the crowding-in effect of public investment is strong for equipment and only marginal for structures. This crowding-in effect on private equipment is particularly strong in the cases of industrial equipment and transportation equipment. In fact, public investment marginally crowds out private investment in information equipment. A final look at the effects of different types of public investment on the different types of private investment suggests that in about one third of the cases, public investment variables crowd out private sector variables. More important, the aggregate results often hide a wide diversity of effects.

1 September 1999 in Journal of Urban Economics
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APAlfredo Marvão Pereira
Alfredo Marvão Pereira
RFRafael Flores de Frutos
Rafael Flores de Frutos

28 April 2005 in Review of Development Economics
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APAlfredo Marvão Pereira
Alfredo Marvão Pereira
JAJorge Andraz
Jorge Andraz

1 September 1988 in Journal of Policy Modeling
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Journal Article
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APAlfredo Marvão Pereira
Alfredo Marvão Pereira
JSJohn B. Shoven
John B. Shoven

10 October 2004 in Applied Economics Letters
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APAlfredo Marvão Pereira
Alfredo Marvão Pereira
JAJorge Andraz
Jorge Andraz
The empirical results reported in this paper suggest that only about 20% of the aggregate effects of public investment in highways in the US are captured by the direct effects on each state output of public investment in the state itself. The remaining 80% correspond to the spillover effects from public investment in highways in other states. This result may provide an answer to the paradox in the literature that the findings of large effects at the aggregate level have not been matched at the regional level. This is because regional analysis has typically ignored the possible existence of spillover effects.