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Using time-series cross-section data from the manufacturing sector of the 11 West German "Bundesländer" (Federal States) from 1970 to 1996, I examine the impact of public capital on private production. My econometric analysis explicitly takes into account four of the most frequent specification...
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Während der Aufbau und Betrieb von Internetinfrastrukturen zur Zeit der Entstehung des Internets in erster Linie von öffentlichen Institutionen vorangetrieben wurde, wird dieser Bereich heute längst von privatwirtschaftlichen Unternehmen beherrscht. Dieses Buch beschreibt Dienste,...
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Most macroeconomic models assume that aggregate output is generated by a specification for the production function with total physical capital as a key input. Implicitly this assumes that private and public capital stocks are perfect substitutes. In this paper we test this assumption by...
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The global private infrastructure industry has experienced rapid growth over the past fifteen years, attracting some 1,700 companies. In the past, infrastructure was generally managed by national single-sector utilities, but technological and regulatory change has allowed companies to cross...
Persistent link: https://www.econbiz.de/10012556741
This article investigates the impact of public capital formation on private manufacturing sector performance in the seven geographical regions of Turkey and in aggregate. A vector autoregression (VAR) model has been employed to estimate long ran accumulated elasticities of private sector...
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In this paper we analyze the effect of infrastructure on the cost and productivity performance of the private productive sector of Spanish regions over the period 1980-1993. We use a dual approach based on cost functions that allows us to recover the usual parameters estimated with production...
Persistent link: https://www.econbiz.de/10014115649