We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … to variety. Infrastructure alters factor prices, intermediate prices and the allocation of factors across sectors. The … monopoly power influences public capital's productivity effect. We test the model using state-level panel data. We confirm the …

In this paper we examine the effects of publicly financed infrastructure and R&D capital on the cost structure and … productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure … contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity …

between infrastructure and productivity growth remains controversial. In this regard, it is somewhat surprising that … dramatic productivity boost from increased infrastructure outlays. In a specification designed to provide an upper bound for …Researchers, commentators, and politicians have devoted steadily more attention to infrastructure in response to claims …

' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …The impact of public infrastructure investment on the productive performance of firms has been an important focus of … the recent literature on productivity growth. The size of this impact has important implications for policymakers …

In this paper the authors examine the effects of publicly financed infrastructure and R&D capitals on the cost … structure and productivity performance of twelve two-digit U.S. manufacturing industries. The results suggest that there are … their contributions to growth of labor productivity vary over time as well. Not only is the cost function shifted downward …

Our purpose in this paper is to examine how one might evaluate and measure the contribution of public infrastructure … capital on private sector output and productivity growth in Sweden. We do this by specifying and implementing empirically a …, we find that increases in public infrastructure capital, ceteris paribus, reduce private sector costs. We compute that …

endogenous firm entry, firm-level productivity, and sectoral employment shares. We find that observed measures of misallocation …

paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000. It finds … that service offshoring has a significant positive effect on productivity in the US, accounting for around 10 percent of … labor productivity growth during this period. Offshoring material inputs also has a positive effect on productivity, but the …

consumption goods. We consider the case of Latvia, which recently dropped its pegged exchange rate and joined the euro zone. We … between Latvia and euro zone countries collapsed swiftly following entry to the euro. The percentage of goods with nearly … identical prices in Latvia and Germany increased from 6 percent to 89 percent. The median size of price differentials declined …