أعرض تسجيلة المادة بشكل مبسط

dc.creator Stephan, Andreas
dc.date 2002
dc.date.accessioned 2013-10-16T06:58:03Z
dc.date.available 2013-10-16T06:58:03Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/18051
dc.identifier ppn:36744559X
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/18051
dc.description Using time-series cross-section data from the manufacturing sector of the 11West German ?Bundesländer? (Federal States) from 1970 to 1996, I examine the impact of public capital on private production. My econometric analysis explicitly takes into account four of the most frequent specification issues in the context of time-series cross-section data analysis: serial correlation, groupwise heteroscedasticity, cross-sectional correlation and nonstationarity of data. For all approaches and tested specifications, I find that public capital is a significant input for production in the manufacturing sector. Moreover, I find that differences in public capital endowment can explain long-term differences in productivity across the Bundesländer. One tentative conclusion that can be drawn from this finding is that differences in public capital endowment might also explain a part of the still-existing productivity gap between manufacturing in East and West Germany. However, I emphasise that the existence of positive effects of public capital on private production is a necessary, but not a sufficient condition for concluding that public investments should be boosted in the future.
dc.language eng
dc.publisher Deutsches Institut für Wirtschaftsforschung (DIW) Berlin
dc.relation DIW-Diskussionspapiere 315
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Infrastruktur
dc.subject Wertschöpfung
dc.subject Privatwirtschaft
dc.subject Verarbeitendes Gewerbe
dc.subject Produktionsfunktion
dc.subject Schätzung
dc.subject Deutschland
dc.title Assessing the contribution of public capital to private production
dc.type doc-type:workingPaper
dc.coverage 1970-1996


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أعرض تسجيلة المادة بشكل مبسط