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| DC Field | Value | Language |
|---|---|---|
| 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 | - |
| Appears in Collections: | EconStor | |
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