Productivity and Infrastructure in the Italian Regions
AbstractI address the issue of whether public infrastructure plays any role in determining factor productivity in the Italian regions. To this end, a new data set on Italian regional capital is used for the first time. The empirical analysis, carried out using panel data econometric techniques, leads to the conclusion that the role of public capital is significant, the more so for those categories of public goods, such as roads and railways, that form the so called “core” infrastructure. As a policy implication of the empirical evidence, it is argued that an effort should be made to increase investments in infrastructure.
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Bibliographic InfoArticle provided by GDE (Giornale degli Economisti e Annali di Economia), Bocconi University in its journal Giornale degli Economisti e Annali di Economia.
Volume (Year): 58 (1999)
Issue (Month): 3-4 (December)
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Web page: http://www.gde.unibocconi.it/
Other versions of this item:
- Lucio Picci, 1995. "Productivity and Infrastructure in the Italian Regions," Working Papers 230, Dipartimento Scienze Economiche, Universita' di Bologna.
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
- C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
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