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25 countries Anwar Shah August 1993 August Branko Milanovic capita GDP capital had negative Cobb-Douglas depreciation rate development capital elasticity economic growth elasticities of infrastructure elasticity with respect exhibited increasing returns F-statistics factors of production Finance Statistics various Government Finance Statistics Gross Domestic Product high income countries higher scale elasticities highest output elasticity human resource development income countries exhibited infrastructure capital John Baffes low income countries medium income countries medium to high military spending models National Accounts various negative output elasticity OECD Pakistan perpetual inventory method Policy Research Department private capital stocks PRODUCTIVITY OF PUBLIC public investment Research Working Paper resource development capital respect to input returns to scale SECTORAL ALLOCATION CHOICES September 1993 September Series were constructed Sri Lanka Statistics various issues suggest that reshaping System of National Table 2A Tanzania Translog Production Function translog specification trend dummies types of capital U.N. System Venezuela World Bank Zimbabwe