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EIB Papers Volume 13. n°1/2008 - European Investment Bank

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Denmark<br />

68 <strong>Volume</strong>13 N°1 <strong>2008</strong> <strong>EIB</strong> PAPERS<br />

Figure 2. Impulse responses of GDP to a shock in public capital<br />

Australia<br />

1.0<br />

0.8<br />

0.6<br />

0.4<br />

0.2<br />

0.0<br />

-0.2<br />

Belgium<br />

2<br />

0<br />

-2<br />

-4<br />

-6<br />

-8<br />

-10<br />

1.6<br />

1.2<br />

0.8<br />

0.4<br />

0.0<br />

-0.4<br />

France<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

-2<br />

0 5 10 15 20<br />

0 5 10 15 20<br />

0 5 10 15 20<br />

0 5 10 15 20<br />

Austria<br />

1.2<br />

0.9<br />

0.6<br />

0.3<br />

0.0<br />

-0.3<br />

-0.6<br />

Canada<br />

8<br />

6<br />

4<br />

2<br />

0<br />

-2<br />

Finland<br />

6<br />

4<br />

2<br />

0<br />

-2<br />

-4<br />

Greece<br />

16<br />

14<br />

12<br />

10<br />

8<br />

6<br />

4<br />

2<br />

0<br />

0 5 10 15 20<br />

0 5 10 15 20<br />

1,4<br />

1,2<br />

1,0<br />

0,8<br />

0,6<br />

0,4<br />

0,2<br />

-0,0<br />

-0,2<br />

-0,4<br />

0 5 10 15 20<br />

0 5 10 15 20

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