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Public infrastructure and regional economic development: a simultaneous equations approach

Author

Listed:
  • Kevin T. Duffy-Deno
  • Randall W. Eberts

Abstract

A study of how public capital stock impacts regional economic development, which jointly models the effects of local public infrastructure on personal income and the effect of personal income on the allocation of local public outlays.

Suggested Citation

  • Kevin T. Duffy-Deno & Randall W. Eberts, 1989. "Public infrastructure and regional economic development: a simultaneous equations approach," Working Paper 8909, Federal Reserve Bank of Cleveland.
  • Handle: RePEc:fip:fedcwp:8909
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