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Review of literature on the productivity of public capital Author info | Abstract | Publisher info | Download info | Related research | Statistics Pellervo Hamalainen (Department of Economics, University of Turku, FINLAND)
This paper summarizes previous results on the productivity of public capital. In recent literature, Aschauer's (1989) estimate for the productivity of public capital is often considered too high and the size of the effect is still open to debate. However, the positive effect of public capital on the productivity of the private sector is quite widely accepted.
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Paper provided by Aboa Centre for Economics in its series Discussion Papers with number
55.
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Length: 19
Date of creation: Oct 2009Date of revision:
Handle: RePEc:tkk:dpaper:dp55Contact details of provider: Postal: Rehtorinpellonkatu 3, FIN-20500 TURKU Phone: +358 2 481 481 Fax: +358 2 481 4299 Web page: http://ace-economics.fi More information through EDIRC
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Keywords: Public capital ; public investments ; productivity ; Other versions of this item:
Find related papers by JEL classification: H11 - Public Economics - - Structure and Scope of Government - - - Structure and Scope of Government H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
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.: Ward Romp & Jakob de Haan, 2007.
"Public Capital and Economic Growth: A Critical Survey ,"
Perspektiven der Wirtschaftspolitik ,
Blackwell Publishing, vol. 8(s1), pages 6-52, 04.
[Downloadable!] (restricted)
Other versions: Aschauer, David Alan, 1989.
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Journal of Monetary Economics ,
Elsevier, vol. 23(2), pages 177-200, March.
[Downloadable!] (restricted)
Other versions: Benhabib, Jess & Spiegel, Mark M., 1994.
"The role of human capital in economic development evidence from aggregate cross-country data ,"
Journal of Monetary Economics ,
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[Downloadable!] (restricted)
Mera, Koichi, 1973.
"II. Regional production functions and social overhead capital: An analysis of the Japanese case ,"
Regional and Urban Economics ,
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[Downloadable!] (restricted)
Salinas-Jimenez, M. del Mar, 2004.
"Public infrastructure and private productivity in the Spanish regions ,"
Journal of Policy Modeling ,
Elsevier, vol. 26(1), pages 47-64, January.
[Downloadable!] (restricted)
Cadot, Olivier & Roller, Lars-Hendrik & Stephan, Andreas, 2006.
"Contribution to productivity or pork barrel? The two faces of infrastructure investment ,"
Journal of Public Economics ,
Elsevier, vol. 90(6-7), pages 1133-1153, August.
[Downloadable!] (restricted)
Other versions: Robert Ford & Pierre Poret, 1991.
"Infrastructure and Private-Sector Productivity ,"
OECD Economics Department Working Papers
91, OECD, Economics Department.
[Downloadable!]
Evans, Paul & Karras, Georgios, 1994.
"Is government capital productive? Evidence from a panel of seven countries ,"
Journal of Macroeconomics ,
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[Downloadable!] (restricted)
Gramlich, Edward M, 1994.
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Journal of Economic Literature ,
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John A. Tatom, 1991.
"Public capital and private sector performance ,"
Review ,
Federal Reserve Bank of St. Louis, issue May, pages 3-15.
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Reino Hjerppe & Pellervo Hämäläinen & Jaakko Kiander & Matti Viren, 2007.
"Do government expenditures increase private sector productivity?: Cross-country evidence ,"
International Journal of Social Economics ,
Emerald Group Publishing, vol. 34(5), pages 345-360, May.
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Romer, Paul M, 1990.
"Endogenous Technological Change ,"
Journal of Political Economy ,
University of Chicago Press, vol. 98(5), pages S71-102, October.
[Downloadable!] (restricted)
Other versions: Ratner, Jonathan B., 1983.
"Government capital and the production function for U.S. private output ,"
Economics Letters ,
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G. Duggal, Vijaya & Saltzman, Cynthia & Klein, Lawrence R., 1999.
"Infrastructure and productivity: a nonlinear approach ,"
Journal of Econometrics ,
Elsevier, vol. 92(1), pages 47-74, September.
[Downloadable!] (restricted)
Alicia H. Munnell & Leah M. Cook, 1990.
"How does public infrastructure affect regional economic performance? ,"
New England Economic Review ,
Federal Reserve Bank of Boston, issue Sep, pages 11-33.
Other versions: Dessus, Sebastien & Herrera, Remy, 2000.
"Public Capital and Growth Revisited: A Panel Data Assessment ,"
Economic Development and Cultural Change ,
University of Chicago Press, vol. 48(2), pages 407-18, January.
Tom Björkroth & Anders Kjellman, 2000.
"Public capital and private sector productivity - a Finnish perspective ,"
Finnish Economic Papers ,
Finnish Economic Association, vol. 13(1), pages 28-44, Spring.
[Downloadable!]
Aschauer, David Alan, 2000.
"Public Capital and Economic Growth: Issues of Quantity, Finance, and Efficiency ,"
Economic Development and Cultural Change ,
University of Chicago Press, vol. 48(2), pages 391-406, January.
Other versions: Mankiw, N Gregory & Romer, David & Weil, David N, 1992.
"A Contribution to the Empirics of Economic Growth ,"
The Quarterly Journal of Economics ,
MIT Press, vol. 107(2), pages 407-37, May.
[Downloadable!] (restricted)
Other versions: Andreas Stephan, 2003.
"Assessing the contribution of public capital to private production: evidence from the German manufacturing sector ,"
International Review of Applied Economics ,
Taylor and Francis Journals, vol. 17(4), pages 399-417, October.
[Downloadable!] (restricted)
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