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Federal Reserve Bank of Cleveland
Economic Commentary
Is public capital productive? A review of the evidence
Kevin J. Lansing
Abstract

An examination of the empirical evidence regarding the productive effects of public capital on the U.S. economy, concluding that although boosting infrastructure investment might have a positive impact on private output, the magnitude of the effect is unclear.


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Kevin J. Lansing, "Is public capital productive? A review of the evidence" , Federal Reserve Bank of Cleveland, Economic Commentary, issue Mar, 1995.
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Keywords: Infrastructure (Economics) ; Investments
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