Public capital stock and state productivity growth: Further evidence from an error components model

Badi H. Baltagi, Nat Pinnoi

Research output: Contribution to journalArticle

81 Scopus citations

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 languageEnglish (US)
Pages (from-to)351-359
Number of pages9
JournalEmpirical Economics
Volume20
Issue number2
DOIs
StatePublished - Jun 1 1995
Externally publishedYes

Keywords

  • C23

ASJC Scopus subject areas

  • Statistics and Probability
  • Mathematics (miscellaneous)
  • Social Sciences (miscellaneous)
  • Economics and Econometrics

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