Working Paper

Cross-sectional analysis of public infrastructure and regional productivity growth


Abstract: An analysis of the relationship between local public capital stock and regional manufacturing output, inputs, and productivity between 1965 and 1977. Results show that the effect of public capital stock on regional productivity, although limited, cannot be dismissed, and that public infrastructure appears to be a major factor in explaining growth rates of inputs.

Keywords: Infrastructure (Economics); Productivity; Regional economics; Manufactures;

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Provider: Federal Reserve Bank of Cleveland

Part of Series: Working Papers (Old Series)

Publication Date: 1990

Number: 9004