THE STRUCTURE OF STATE AND LOCAL-GOVERNMENT PRODUCTION

被引:4
作者
BLACKLEY, PR [1 ]
DEBOER, L [1 ]
机构
[1] PURDUE UNIV,AGR ECON,W LAFAYETTE,IN 47907
来源
PUBLIC FINANCE QUARTERLY | 1991年 / 19卷 / 02期
关键词
D O I
10.1177/109114219101900202
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Static and dynamic translog cost models for the aggregate U.S. state and local government sector are estimated for 1952 to 1985. Inputs are capital, labor, and a combined nondurable goods and other services input, which includes “privatized” services. Estimates show that capital and labor are complements and own-price inelastic. The nondurable-service input is a substitute for both labor and capital and has an own-price elasticity closer to unity. It is used relatively more as the sector expands. The results offer an explanation for the characterization of the government as a low productivity industry and show an economic rather than political motivation for the privatization of some public services. © 1991, Sage Publications. All rights reserved.
引用
收藏
页码:147 / 165
页数:19
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