Public Capital in the Private Sector of Italian Economy

Arbeitspapier

This paper investigates how the services of public capital affect the different sectors of private economy in Italy. For this purpose, we use a trans-logarithmic cost function which includes infrastructure’s services as a quasi-fixed free input. This approach allows to measure the effects of public capital in terms of cost reduction, productivity and distortion in the use of private inputs of production. We find that that the effects vary across industries and that major benefits are observed in Manufacturing and Energy. The sectors that obtain less benefits are Trade and Transport.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: EERI Research Paper Series ; No. 19/2012

Classification and Topics

• Classification: Wirtschaft ; National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes ; General Regional Economics: Econometric and Input-Output Models; Other Models ; Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
• Subject: Public capital ; economic sectors ; SURE

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Roxas, Salvatore Amico ; Cristofaro, Antonio ; Piroli, Giuseppe
• Event: Veröffentlichung
• (who): Economics and Econometrics Research Institute (EERI)
• (where): Brussels
• (when): 2012

Further information

• Handle: http://hdl.handle.net/10419/142648
• Last update: 10.03.2025, 11:44 AM CET