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
Englisch

Bibliographic citation
Series: Discussion paper ; No. 55

Classification
Wirtschaft
Structure, Scope, and Performance of Government
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
Subject
Public capital
public investments
productivity

Event
Geistige Schöpfung
(who)
Hamalainen, Pellervo
Event
Veröffentlichung
(who)
Aboa Centre for Economics (ACE)
(where)
Turku
(when)
2009

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hamalainen, Pellervo
  • Aboa Centre for Economics (ACE)

Time of origin

  • 2009

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