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The Contribution of Local Public Infrastructure to Private Productivity and its Political Economy: Evidence from a Panel of Large German Cities
Freie Universität, Germany.
DIW Berlin, Germany.ORCID iD: 0000-0001-5776-9396
2002 (English)In: Public Choice, ISSN 0048-5829, E-ISSN 1573-7101, Vol. 113, no 3-4, p. 403-424Article in journal (Refereed) Published
Abstract [en]

This paper proposes a simultaneous-equation approach to theestimation of the contribution of infrastructure accumulationto private production. A political economy model for theallocation of public infrastructure investment grants isformulated. Our empirical findings, using a panel of largeGerman cities for the years 1980,1986, and 1988, suggest thatcities ruled by a council sharing the State (`Bundesland')government's current political affiliation were particularlysuccessful in attracting infrastructure investment grants.With regard to the contribution of infrastructure accumulationto growth, we find that public capital is a significant factorin private production. Moreover, at least for the samplestudied, we find that simultaneity between output and publiccapital is weak; thus, feedback effects from output toinfrastructure are negligible.

Place, publisher, year, edition, pages
2002. Vol. 113, no 3-4, p. 403-424
National Category
Economics
Research subject
Economy, Economics
Identifiers
URN: urn:nbn:se:lnu:diva-107971DOI: 10.1023/A:1020821624682OAI: oai:DiVA.org:lnu-107971DiVA, id: diva2:1611180
Available from: 2021-11-13 Created: 2021-11-13 Last updated: 2021-11-29Bibliographically approved

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Stephan, Andreas

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