On public capital analysis with state data

被引:9
作者
Ai, CR [1 ]
Cassou, SP
机构
[1] Univ Florida, Dept Econ, Gainesville, FL 32611 USA
[2] Kansas State Univ, Dept Econ, Manhattan, KS 66506 USA
关键词
public capital; productivity; multicollinearity;
D O I
10.1016/S0165-1765(97)00227-9
中图分类号
F [经济];
学科分类号
02 ;
摘要
Based on state production models with fixed effects, recent studies have argued public capital is not productive. We show multicollinearity is a potential problem and caution is warranted in interpreting estimation results for models with public capital and fixed effects. (C) 1997 Elsevier Science S.A.
引用
收藏
页码:209 / 212
页数:4
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