THE CONTRIBUTION OF PUBLICLY PROVIDED INPUTS TO STATES ECONOMIES

被引:222
作者
GARCIAMILA, T
MCGUIRE, TJ
机构
[1] UNIV ILLINOIS,INST GOVT & PUBL AFFAIRS,921 W VAN BUREN ST,SUITE 230,CHICAGO,IL 60607
[2] UNIV AUTONOMA BARCELONA,BARCELONA,SPAIN
[3] CSIC,INST ANAL ECON,BARCELONA,SPAIN
关键词
D O I
10.1016/0166-0462(92)90013-Q
中图分类号
F [经济];
学科分类号
02 ;
摘要
We specify a regional production function that, in addition to labor and private capital, includes two publicly provided inputs - highways and education. We employ a panel data set consisting of annual observations on the 48 contiguous states from 1969 to 1983 to estimate input elasticity coefficients under a specification that allows for differences over time and across states. We rind that both of the publicly provided inputs have a significant and positive effect on output. Our results support the policy conclusion that publicly provided infrastructure is an important element of economic growth.
引用
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页码:229 / 241
页数:13
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