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Public capital, employment and productivity: An empirical investigation for Greece


  • Dimitrios N. KOUMPAROULIS

    () (Democritus University of Thrace)


Scope: The aim of this study is to bring out the importance of public employment, in the Greek economy's productivity and competitiveness. Method: A brief introduction followed by a literature review, the model adopted, the estimates and analysis of results and brief concluding remarks. Expected results: Identification of the possibilities of redistribution of employment from the public to the private sector of the economy, in the case of Greece. Originality: Better understanding of the productivity improvement and its side effects on international competitiveness and sustainable development. Usefulness for combined stabilization and sustainable development strategies.

Suggested Citation

  • Dimitrios N. KOUMPAROULIS, 2010. "Public capital, employment and productivity: An empirical investigation for Greece," EuroEconomica, Danubius University of Galati, issue 25, pages 18-24, October.
  • Handle: RePEc:dug:journl:y:2010:i:25:p:18-24

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    References listed on IDEAS

    1. Robert Ford & Pierre Poret, 1991. "Infrastructure and Private-Sector Productivity," OECD Economics Department Working Papers 91, OECD Publishing.
    2. Evans, Paul & Karras, Georgios, 1994. "Is government capital productive? Evidence from a panel of seven countries," Journal of Macroeconomics, Elsevier, vol. 16(2), pages 271-279.
    3. Otto, Glenn & Voss, Graham M, 1994. "Public Capital and Private Sector Productivity," The Economic Record, The Economic Society of Australia, vol. 70(209), pages 121-132, June.
    4. George Bitros & Epaminondas Panas, 2001. "Is there an inflation-productivity trade-off? Some evidence from the manufacturing sector in Greece," Applied Economics, Taylor & Francis Journals, vol. 33(15), pages 1961-1969.
    5. Ram, Rati, 1996. "Productivity of public and private investment in developing countries: A broad international perspective," World Development, Elsevier, vol. 24(8), pages 1373-1378, August.
    6. Diewert, W E, 1971. "An Application of the Shephard Duality Theorem: A Generalized Leontief Production Function," Journal of Political Economy, University of Chicago Press, vol. 79(3), pages 481-507, May-June.
    7. Andrew J. Buck & Felix Fitzroy, 1988. "Inflation and Productivity Growth in the Federal Republic of Germany," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 10(3), pages 428-444, March.
    8. Clark, Peter K, 1982. "Inflation and the Productivity Decline," American Economic Review, American Economic Association, vol. 72(2), pages 149-154, May.
    9. Prucha, Ingmar R. & Nadiri, M. Ishaq, 1996. "Endogenous capital utilization and productivity measurement in dynamic factor demand models Theory and an application to the U.S. electrical machinery industry," Journal of Econometrics, Elsevier, vol. 71(1-2), pages 343-379.
    10. Dar, Atul A. & AmirKhalkhali, Sal, 2002. "Government size, factor accumulation, and economic growth: evidence from OECD countries," Journal of Policy Modeling, Elsevier, vol. 24(7-8), pages 679-692, November.
    11. Shioji, Etsuro, 2001. "Public Capital and Economic Growth: A Convergence Approach," Journal of Economic Growth, Springer, vol. 6(3), pages 205-227, September.
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