Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/142648 
Year of Publication: 
2012
Series/Report no.: 
EERI Research Paper Series No. 19/2012
Publisher: 
Economics and Econometrics Research Institute (EERI), Brussels
Abstract: 
This paper investigates how the services of public capital affect the different sectors of private economy in Italy. For this purpose, we use a trans-logarithmic cost function which includes infrastructure’s services as a quasi-fixed free input. This approach allows to measure the effects of public capital in terms of cost reduction, productivity and distortion in the use of private inputs of production. We find that that the effects vary across industries and that major benefits are observed in Manufacturing and Energy. The sectors that obtain less benefits are Trade and Transport.
Subjects: 
Public capital
economic sectors
SURE
JEL: 
H54
R11
R15
C21
Document Type: 
Working Paper

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