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Public Capital and Private Sector Productivity

Author

Listed:
  • Kavanagh, C.

Abstract

Academic research in the U.S. and more recently in the U.K. and Sweden, has highlighted punlic capital as a significant growth determinant. Pul\blic capital, it is argued, has a positive effect on private sector output, productivity and capital formation. However, controversy surrounds the empirical results emerging from literature. Much of the controversy rests on research methods employed. This paper adds to this body of literature in two ways.

Suggested Citation

  • Kavanagh, C., 1996. "Public Capital and Private Sector Productivity," Papers 96-6, University College Cork - Department of Economics.
    • Handle: RePEc:fth:uccoec:96-6
    as

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    More about this item

    Keywords

    PRODUCTIVITY; CAPITAL MARKET; ECONOMIC GROWTH;
    All these keywords.

    JEL classification:

    • H40 - Public Economics - - Publicly Provided Goods - - - General
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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