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factor productivity. We argue that public capital, predominantly manifesting through infrastructure, constitutes an … of public infrastructure for operational efficiency. Our empirical analysis reveals that public capital exhibits a …This research contributes to the ongoing discourse concerning the efficiency of public capital and its influence on the …
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considered as a measure of this objective and, in turn, as a measure of productivity in relation to the production process in … panel are employed to obtain measures of efficiency for those journals belonging simultaneously to the areas of “economics …” and “social science, mathematical methods” in the Web of Science database. This efficiency is measured in terms of the …
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This book analyzes the dynamic macroeconomic effects of public capital in industrialized countries. The issue of whether public capital is productive has received a great deal of recent attention. Yet, existing empirical analyses have been limited to a small set of countries. This book presents...
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