Arbeitspapier
Review of literature on the productivity of public capital
This paper summarizes previous results on the productivity of public capital. In recent literature, Aschauer's (1989) estimate for the productivity of public capital is often considered too high and the size of the effect is still open to debate. However, the positive effect of public capital on the productivity of the private sector is quite widely accepted.
- Language
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Englisch
- Bibliographic citation
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Series: Discussion paper ; No. 55
- Classification
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Wirtschaft
Structure, Scope, and Performance of Government
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
- Subject
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Public capital
public investments
productivity
- Event
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Geistige Schöpfung
- (who)
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Hamalainen, Pellervo
- Event
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Veröffentlichung
- (who)
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Aboa Centre for Economics (ACE)
- (where)
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Turku
- (when)
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2009
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
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
- Hamalainen, Pellervo
- Aboa Centre for Economics (ACE)
Time of origin
- 2009