Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/taylor-francis/on-the-effectiveness-of-private-and-public-capital-Jx0U6uIN4j
References (51)
-
(1994)
The role of human capital in economic development: Evidence for aggregate crosscountry rate -
I. Nadiri, Banani Nandi (1999)
Technical Change, Markup, Divestiture, and Productivity Growth in the U.S. Telecommunications IndustryReview of Economics and Statistics, 81
-
C. Ai, Steven Cassou (1997)
On public capital analysis with state dataEconomics Letters, 57
-
D. Guilkey, C. Lovell, R. Sickles (1983)
A COMPARISON OF THE PERFORMANCE OF THREE FLEXIBLE FUNCTIONAL FORMSInternational Economic Review, 24
-
J. Bernstein (1989)
An examination of the equilibrium specification and structure of production for Canadian telecommunicationsJournal of Applied Econometrics, 4
-
D. Quah (1997)
Empirics for growth and distributionLSE Research Online Documents on Economics
-
Demetrio Quirós, F. Bernaldo (1992)
Economías de escala, poder de mercado y externalidades: medición de las fuentes del crecimiento españolInvestigacion Economica, 16
-
(1992)
External effects in US procyclical productivity -
D. Jorgenson (1963)
Capital Theory and Investment BehaviorThe American Economic Review, 53
-
D. Aschauer (1989)
IS PUBLIC EXPENDITURE PRODUCTIVEJournal of Monetary Economics, 23
-
(1993)
Economı´as de escala y taman˜os o´ptimos en la industria espan˜ola (1980-1986) -
Col.lecció d’Economia, Rosina Moreno, M. Artís, E. López‐Bazo, Jordi Suriñach (2005)
DOCUMENTS DE TREBALL -
B. Dalamagas (1995)
A reconsideration of the public sector's contribution to growthEmpirical Economics, 20
-
Catherine Paul, A. Schwartz (1992)
State Infrastructure and Productive Performance -
Ruth Judson, Ann Owen (1999)
Estimating dynamic panel data models: a guide for -
Mark Schankerman, M. Nadiri (1986)
A test of static equilibrium models and rates of return to quasi-fixed factors, with an application to the Bell systemJournal of Econometrics, 33
-
K. Conrad, H. Seitz (1992)
The “Public Capital Hypothesis”: The Case of GermanyRecherches économiques de Louvain
-
E. Gramlich (1994)
Infrastructure Investment: A Review EssayJournal of Economic Literature, 32
-
P. Vanhoudt (1999)
Are public and private outlays for physical and knowledge capital accumulation equally productiveApplied Economics, 31
-
H. Seitz (1995)
The productivity and supply of urban infrastructuresThe Annals of Regional Science, 29
-
C. Burnside (1996)
Production function regressions, returns to scale, and externalitiesJournal of Monetary Economics, 37
-
E. Jiménez, F. García, Matilde Ivars, J. Villarroya (1995)
Infrastructures and Productivity in the Spanish Regions -
G. Kyriacou (1991)
Level and Growth Effects of Human Capital: A Cross-Country Study of the Convergence Hypothesis -
(1996)
Convergence empirics across economies -
(1997)
The impact of infrastructure capital on the private sector of The Netherlands. An application of the symmetric generalized McFadden cost function, Research Memorandum -
K. Button, S. Leitham, Ronald McQuaid, J. Nelson (1995)
Transport and industrial and commercial locationThe Annals of Regional Science, 29
-
Farrokh Nourzad (2000)
The productivity effect of government capital in developing and industrialized countriesApplied Economics, 32
-
Ricardo Caballero, R. Lyons (1992)
External effects in U.S. procyclical productivityJournal of Monetary Economics, 29
-
H. Seitz, G. Licht (1995)
The Impact of Public Infrastructure Capital on Regional Manufacturing Production CostRegional Studies, 29
-
(1992)
Economı´as de escala, poder de mercado y externalidades: Medicio´n de las fuentes del crecimiento espan˜ol -
U. Blum (1982)
EFFECTS OF TRANSPORTATION INVESTMENTS ON REGIONAL GROWTH: A THEORETICAL AND EMPIRICAL INVESTIGATION. IN: TRANSPORT INFRASTRUCTURE -
D. Quah (1997)
Empirics for Growth and Distribution: Stratification, Polarization, and Convergence ClubsJournal of Economic Growth, 2
-
J. Benhabib, M. Spiegel (1994)
The role of human capital in economic development Evidence from aggregate cross-country dataJournal of Monetary Economics, 34
-
A. Shah (1992)
Dynamics of Public Infrastructure, Industrial Productivity and ProfitabilityThe Review of Economics and Statistics, 74
-
Bernard Silverman (1987)
Density Estimation for Statistics and Data Analysis -
R. Chambers (1988)
Applied Production Analysis -
M. Nadiri, T. Mamuneas (1991)
The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing IndustriesNBER Working Paper Series
-
K. Arrow (1962)
The Economic Implications of Learning by DoingThe Review of Economic Studies, 29
-
Francisco Angona (1993)
Economías de escala y tamaños óptimos en la industria españolaInvestigacion Economica, 17
-
E. Berndt, B. Hansson (1992)
Measuring the Contribution of Capital in Sweden -
N. Kulatilaka (1985)
Tests on the validity of static equilibrium modelsJournal of Econometrics, 28
-
Teresa García-Milá, T. Mcguire, R. Porter (1993)
The Effect of Public Capital in State-Level Production Functions ReconsideredThe Review of Economics and Statistics, 78
-
D. Quah (1996)
Convergence empirics across economies with (some) capital mobilityJournal of Economic Growth, 1
-
(1995)
El stock de capital en la economıá espan˜ola -
D. Holtz-eakin (1992)
Public-Sector Capital and the Productivity PuzzlePublic Economics: Miscellaneous Issues eJournal
-
D. Holtz-eakin, Mary Lovely (1995)
Scale Economies, Returns to Variety, and the Productivity of Public InfrastructureIO: Theory
-
J. Adams (1999)
The Structure of Firm R&D, the Factor Intensity of Production, and Skill BiasReview of Economics and Statistics, 81
-
Teresa García-Milá, T. Mcguire (1992)
The contribution of publicly provided inputs to states' economies☆Regional Science and Urban Economics, 22
-
E. Berndt, B. Hansson (1991)
Measuring the Contribution of Public Infrastructure Capital in Sweden -
A. Munnell (1990)
How Does Public Infrastructure Affect Regional Economic PerformanceNew England Economic Review, 34
-
(1997)
The impact of infrastructure capital
- Publisher
- Taylor & Francis
- Copyright
- Copyright Taylor & Francis Group, LLC
- ISSN
- 1466-4283
- eISSN
- 9999-7004
- DOI
- 10.1080/1350485032000066043
- Publisher site
- See Article on Publisher Site
Abstract
This study assesses the effectiveness of private and public capital investments in the performance of manufactures within the framework of the duality theory. The response of costs of production and input utilization to changes in the stocks of private and public capital is measured by the appropriate elasticities obtained from a cost function. Instead of considering private capital either as a variable or fixed input on a priori grounds, its nature is checked, that is, the study discriminates between a long- and a short-run situation. The empirical exercise is made for the manufacturing industries in the Spanish regions.
Journal
Applied Economics – Taylor & Francis
Published: May 1, 2003