Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/117119 
Year of Publication: 
2004
Series/Report no.: 
44th Congress of the European Regional Science Association: "Regions and Fiscal Federalism", 25th - 29th August 2004, Porto, Portugal
Publisher: 
European Regional Science Association (ERSA), Louvain-la-Neuve
Abstract: 
The main purpose of this study is to determine whether public capital contributes to productivity growth and, if so, what kind of public capital contributes most. We analyze a dataset of 46 prefectures in Japan over 41 years, from 1955 to 1995, and estimate the production function as the first-differenced form. In the case where analysis was conducted using aggregate public capital, public capital shows a positive contribution to private production. However, we could find no clear productivity effects when using smaller components of public capital. Key Words: Public Capital, Productivity Effect, Infrastructure, Spill-over Effect JEL: Classification H50, H54, R53
Subjects: 
Public Capital
Productivity Effect
Infrastructure
Spill-over Effect
JEL: 
H50
H54
R53
Document Type: 
Conference Paper

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