THE ROLE OF PUBLIC CAPITAL IN PRODUCTION

被引：90

作者：

LYNDE, C ^{[1
]}

RICHMOND, J ^{[1
]}

机构：

[1] UNIV ESSEX,COLCHESTER CO4 3SQ,ESSEX,ENGLAND

来源：

REVIEW OF ECONOMICS AND STATISTICS | 1992年 / 74卷 / 01期

关键词：

D O I：

10.2307/2109540

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The impact of the stock of public capital on costs of production in the private sector is examined using annual data over the period 1958-1989. A translog cost function is estimated and public capital is found to be a significant input. The estimates indicate that public capital has positive marginal product and that private and public capital are complements in production, rather than substitutes.

引用

页码：37 / 44

页数：8

共 16 条

[1]

Aschauer D.A., 1988, EC PERSPECTIVES, V12, P11

[2] IS PUBLIC-EXPENDITURE PRODUCTIVE [J].