Arbeitspapier

Productivity and Infrastructure in the Italian Regions

We address the issue of whether public infrastructure play an important role in determining factor productivity in Italy, and we show that the evidence is mixed. Public capital is significant in explaining output in most cases. However, when the attention is drawn on the long-run properties of the data, or when care is taken to rule out contemporaneous short-run effects, then public capital results to be either non-significant, or significant but of negligible importance.We conclude that the influence of infrastructure on output is probably due, to a great extent, to short-run demand-side phenomena.

Language
Englisch

Bibliographic citation
Series: Quaderni - Working Paper DSE ; No. 230

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Picci, Lucio
Event
Veröffentlichung
(who)
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)
(where)
Bologna
(when)
1995

DOI
doi:10.6092/unibo/amsacta/5102
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Picci, Lucio
  • Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

Time of origin

  • 1995

Other Objects (12)