Review of literature on the productivity of public capital

This paper summarizes previous results on the productivity of public capital. In recent literature, Aschauer's (1989) estimate for the productivity of public capital is often considered too high and the size of the effect is still open to debate. However, the positive effect of public capital on the productivity of the private sector is quite widely accepted.

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Year of publication:	2009-10
Authors:	Hamalainen, Pellervo
Institutions:	Turun Kauppakorkeakoulu, Turun Yliopisto
Subject:	Public capital \| public investments \| productivity

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Extent:	application/pdf
Series:	Discussion Papers. - ISSN 1796-3133.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 55 1 pages long
Classification:	H11 - Structure, Scope, and Performance of Government ; H54 - Infrastructures; Other Public Investment and Capital Stock
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008518848