This paper reviews empirical evidence for the USA on the impact of the public capital stock on productivity. Most previous research is criticized on econometric grounds. If the well known model of Aschauer is estimated in first differences - which is necessary as the variables used are neither stationary nor cointegrated - the model produces ambiguous results. Similar outcomes are found for the Netherlands.</p
Using a vector-error-correction model (VECM) with endogenous stocks for total factor productivity (T...
Using a vector-error-correction model (VECM) with endogenous stocks for total factor productivity (T...
This paper examines the relationship between real wages and productivity in the United States from 1...
This paper reviews empirical evidence for the USA on the impact of the public capital stock on produ...
The issue of whether government capital is productive has received a great deal of attention recentl...
This paper analyses the productivity of public expenditures. It follows the branch of literature ori...
The issue of whether public capital is productive has received a great deal of recent attention. Yet...
We present an evaluation of the main empirical approaches used in the literature to estimate the con...
We present an evaluation of the main empirical approaches used in the literature to estimate the con...
The issue of whether government capital is productive has received a great deal of attention recentl...
This paper proposes an evaluation of the main empirical approaches used in the literature to estimat...
In this paper we add to the debate on the public capital-productivity link by applying very recent d...
This paper examines the impact of the stock of public capital on output levels and productivity grow...
We propose an evaluation of the main empirical approaches used in the literature to estimate the con...
This paper investigates on the impact of public capital on production in the Netherlands from a regi...
Using a vector-error-correction model (VECM) with endogenous stocks for total factor productivity (T...
Using a vector-error-correction model (VECM) with endogenous stocks for total factor productivity (T...
This paper examines the relationship between real wages and productivity in the United States from 1...
This paper reviews empirical evidence for the USA on the impact of the public capital stock on produ...
The issue of whether government capital is productive has received a great deal of attention recentl...
This paper analyses the productivity of public expenditures. It follows the branch of literature ori...
The issue of whether public capital is productive has received a great deal of recent attention. Yet...
We present an evaluation of the main empirical approaches used in the literature to estimate the con...
We present an evaluation of the main empirical approaches used in the literature to estimate the con...
The issue of whether government capital is productive has received a great deal of attention recentl...
This paper proposes an evaluation of the main empirical approaches used in the literature to estimat...
In this paper we add to the debate on the public capital-productivity link by applying very recent d...
This paper examines the impact of the stock of public capital on output levels and productivity grow...
We propose an evaluation of the main empirical approaches used in the literature to estimate the con...
This paper investigates on the impact of public capital on production in the Netherlands from a regi...
Using a vector-error-correction model (VECM) with endogenous stocks for total factor productivity (T...
Using a vector-error-correction model (VECM) with endogenous stocks for total factor productivity (T...
This paper examines the relationship between real wages and productivity in the United States from 1...