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 âcoreâ 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 InfoPaper provided by Dipartimento Scienze Economiche, Universita' di Bologna in its series Working Papers with number 230.
Date of creation: Sep 1995
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Other versions of this item:
- Lucio Picci, 1999. "Productivity and Infrastructure in the Italian Regions," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 58(3-4), pages 329-353, December.
- 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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