This file is part of IDEAS , which uses RePEc data
[ Papers |
Articles |
Software |
Books |
Chapters |
Authors |
Institutions |
JEL Classification |
NEP reports |
Search |
New papers by email |
Author registration |
Rankings |
Volunteers |
FAQ |
Blog |
Help! ]
Public Capital and Economic Performance: Evidence from Italy Author info | Abstract | Publisher info | Download info | Related research | Statistics Federico Bonaglia
Eliana La Ferrara
Massimiliano Marcellino
Additional information is available for the following
registered author(s):
This paper addresses the issue of whether and by how much public capital can enhance economic performance. We apply different methodologies to Italian regional data for the period 1970-1994. The results are presented for Italy as a whole and for different macroregions, and for individual categories of public capital. For the Center and the South, the methodologies employed indicate a positive contribution of infrastructure investment to TFP growth, output, and cost reduction. However, the magnitude of the cost reducing effect does not seem large enough to outweigh the social user cost of public capital. Also, we get mixed results on which types of infrastructure are most effective. Overall, investment in transportation appears to be the most productive: railways in the North and roads in the Center and South are the categories that mostly contributed to TFP growth.
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page . Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Paper provided by IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University in its series Working Papers with number
163.
Download reference. The following formats are available: HTML
(with abstract ),
plain text
(with abstract ),
BibTeX ,
RIS (EndNote, RefMan, ProCite),
ReDIF
Length:
Date of creation: Date of revision:
Handle: RePEc:igi:igierp:163Contact details of provider: Postal: via Rontgen, 1 - 20136 Milano (Italy) Phone: 0039-02-58363301 Fax: 0039-02-58363302 Web page: http://www.igier.unibocconi.it/
Order Information: Email: Web: http://www.igier.unibocconi.it/en/papers/index.htm
For technical questions regarding this item, or to correct its listing, contact: (Melissa Fiorucci).
Keywords: Other versions of this item:
This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Aschauer, David Alan, 1989.
"Is public expenditure productive? ,"
Journal of Monetary Economics ,
Elsevier, vol. 23(2), pages 177-200, March.
[Downloadable!] (restricted)
Other versions: Holtz-Eakin, Douglas, 1994.
"Public-Sector Capital and the Productivity Puzzle ,"
The Review of Economics and Statistics ,
MIT Press, vol. 76(1), pages 12-21, February.
[Downloadable!] (restricted)
Barro, Robert J, 1990.
"Government Spending in a Simple Model of Endogenous Growth ,"
Journal of Political Economy ,
University of Chicago Press, vol. 98(5), pages S103-26, October.
[Downloadable!] (restricted)
Other versions: Eliana La Ferrara & Massimiliano Marcellino, .
"TFP, Costs, and Public Infrastructure: An Equivocal Relationship ,"
Working Papers
176, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
[Downloadable!]
Lucio Picci, 1995.
"Productivity and Infrastructure in the Italian Regions ,"
Working Papers
230, Dipartimento Scienze Economiche, Universita' di Bologna.
[Downloadable!]
Other versions: Catherine J. Morrison & Amy Ellen Schwartz, 1992.
"State Infrastructure and Productive Performance ,"
NBER Working Papers
3981, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: King, M A, 1972.
"Corporate Taxation and Dividend Behaviour: A further Comment ,"
Review of Economic Studies ,
Blackwell Publishing, vol. 39(2), pages 231-34, April.
[Downloadable!] (restricted)
Dr. Peter Kenning & Hilke Plassmann, 2004.
"NeuroEconomics ,"
Experimental
0412005, EconWPA.
[Downloadable!]
Evans, Paul & Karras, Georgios, 1994.
"Are Government Activities Productive? Evidence from a Panel of U.S. States ,"
The Review of Economics and Statistics ,
MIT Press, vol. 76(1), pages 1-11, February.
[Downloadable!] (restricted)
Alicia H. Munnell, 1990.
"Why has productivity growth declined? Productivity and public investment ,"
New England Economic Review ,
Federal Reserve Bank of Boston, issue Jan, pages 3-22.
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Angelo Zago & Francesco Aiello & Camilla Mastromarco, 2008.
"Be productive or face decline. On the sources and determinants of output growth in Italian manufacturing firms ,"
Working Papers
46, Università di Verona, Dipartimento di Scienze economiche.
[Downloadable!]
Emanuela Marrocu & Raffaele Paci & R. Pala, 2000.
"Estimation of total factor productivity for regions and sectors in Italy. A panel cointegration approach ,"
Working Paper CRENoS
200016, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
[Downloadable!]
Xueliang Zhang, 2008.
"Transport infrastructure, spatial spillover and economic growth: Evidence from China ,"
Psychometrika ,
Springer, vol. 3(4), pages 585-597, December.
[Downloadable!] (restricted)
Raffaello Bronzini & Paolo Piselli, 2006.
"Determinants of long-run regional productivity: the role of R&D, human capital and public infrastructure ,"
Temi di discussione (Economic working papers)
597, Bank of Italy, Economic Research Department.
[Downloadable!]
Sergio Destefanis & Vania Sena, 2005.
"Public capital and total factor productivity: New evidence from the Italian regions, 1970--98 ,"
Regional Studies ,
Taylor and Francis Journals, vol. 39(5), pages 603-617, July.
[Downloadable!] (restricted)
Aiello, Francesco & Pupo, Valeria, 2009.
"Structural Funds and Economic Divide in Italy ,"
MPRA Paper
17853, University Library of Munich, Germany.
[Downloadable!]
Other versions: Valter Di Giacinto & Giorgio Nuzzo, 2004.
"Explaining labor productivity differentials on Italian regions ,"
ERSA conference papers
ersa04p105, European Regional Science Association.
[Downloadable!]
Jerome Creel & Gwenaëlle Poilon, 2006.
"Is public capital productive in Europe? ,"
Documents de Travail de l'OFCE
2006-10, Observatoire Francais des Conjonctures Economiques (OFCE).
[Downloadable!]
Other versions: Sergio Destefanis & Vania Sena, 2003.
"Public Capital and Total Factor Productivity. New Evidence from the Italian Regions ,"
CELPE Discussion Papers
73, CELPE (Centre of Labour Economics and Economic Policy), University of Salerno, Italy.
[Downloadable!]
Eliana La Ferrara & Massimiliano Marcellino, .
"TFP, Costs, and Public Infrastructure: An Equivocal Relationship ,"
Working Papers
176, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University.
[Downloadable!]
Emanuela Marrocu & Raffaele Paci, 2006.
"The effects of public capital on the productivity of the Italian regions ,"
Working Paper CRENoS
200613, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
[Downloadable!]
Pedro R.D. Bom & Jenny E. Ligthart, 2009.
"How Productive is Public Capital? A Meta-Regression Analysis ,"
International Studies Program Working Paper Series, at AYSPS, GSU
paper0912, International Studies Program, Andrew Young School of Policy Studies, Georgia State University.
[Downloadable!]
Emanuela Marrocu & Raffaele Paci & Francesco Pigliaru, 2006.
"Gli effetti del capitale pubblico sulla produttività delle regioni italiane ,"
Working Paper CRENoS
200601, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
[Downloadable!]
Raffaello Bronzini & Paolo Piselli, 2005.
"What determines productivity level in the long run? Evidence from Italians regions ,"
ERSA conference papers
ersa05p267, European Regional Science Association.
[Downloadable!]
Access and
download statistics Did you know? IDEAS also indexes software components .
This page was last updated on 2009-11-23.
This information is provided to you by IDEAS at the Department of Economics , College of Liberal Arts and Sciences , University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics .