Revisiting the Productivity Effects of Public Capital
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A101342" target="_blank" >RIV/60460709:41110/24:101342 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/article/10.1007/s00181-024-02670-4" target="_blank" >https://link.springer.com/article/10.1007/s00181-024-02670-4</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s00181-024-02670-4" target="_blank" >10.1007/s00181-024-02670-4</a>
Alternative languages
Result language
angličtina
Original language name
Revisiting the Productivity Effects of Public Capital
Original language description
We explore various production functions and estimators to examine the productivity effects of public capital using US state-level data from 1986 to 2005. We show how the estimated effects vary with several factors, including the use of flexible nonparametric and semiparametric production functions, the decomposition of the total effect into Hicks-neutral and non-neutral effects, the control of cross-sectional dependence using factor models, and the disaggregation of public capital into its components. In general, we find a positive overall average effect of public capital. However, considerable heterogeneity exists, and incorporating factor models into the production function leads to insignificant public capital effects. We complement our investigation by conducting additional robustness checks on the results.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Empirical Economics
ISSN
0377-7332
e-ISSN
0377-7332
Volume of the periodical
neuvedeno
Issue of the periodical within the volume
neuvedeno
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
32
Pages from-to
1-32
UT code for WoS article
001344667200001
EID of the result in the Scopus database
2-s2.0-85207326161