Geography and Public Infrastructure
This paper examines the possibility of negative output spillovers from public infrastructure. A model of productive public capital shows that, when input factors are mobile, public infrastructure investments in one location can draw production away from other locations. In a linear production function framework, this effect would be manifested as a negative output spillover from public capital. Using data for California counties from 1969 through 1988, such negative spillover effects are shown to exist in the case of highway and street capital. The data show that changes in county output are positively associated with changes in highway and street capital within the same county, but output changes are negatively associated with changes in highway and street capital in other counties.
|Date of creation:||01 Jan 1996|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://www.escholarship.org/repec/uctc/
More information through EDIRC
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.:
- Clifford M. Winston, 1990. "How efficient is current infrastructure spending and pricing?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 183-222.
- Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-96, September.
- John A. Tatom, 1991. "Public capital and private sector performance," Review, Federal Reserve Bank of St. Louis, issue May, pages 3-15.
- Holtz-Eakin, Douglas & Newey, Whitney & Rosen, Harvey S, 1988.
"Estimating Vector Autoregressions with Panel Data,"
Econometric Society, vol. 56(6), pages 1371-95, November.
- Tom Doan, . "RATS program to demonstrate IV estimation of VAR in panel data," Statistical Software Components RTZ00185, Boston College Department of Economics.
- Wilson, John D., 1986. "A theory of interregional tax competition," Journal of Urban Economics, Elsevier, vol. 19(3), pages 296-315, May.
When requesting a correction, please mention this item's handle: RePEc:cdl:uctcwp:qt1fn223q7. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lisa Schiff)
If references are entirely missing, you can add them using this form.