Abstract
The contribution of different types of public infrastructure on private production is investigated using time-series of cross-section data for the 48 contiguous states over the period 1970-1986. A Cobb-Douglas production function is estimated with unobserved state-specific effects. Measurement errors in public capital stock and its components are detected and rectified.
Original language | English (US) |
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Pages (from-to) | 351-359 |
Number of pages | 9 |
Journal | Empirical Economics |
Volume | 20 |
Issue number | 2 |
DOIs | |
State | Published - Jun 1 1995 |
Externally published | Yes |
Keywords
- C23
ASJC Scopus subject areas
- Statistics and Probability
- Mathematics (miscellaneous)
- Social Sciences (miscellaneous)
- Economics and Econometrics