DOES PUBLIC CAPITAL AFFECT PRIVATE-SECTOR PERFORMANCE - AN ANALYSIS OF THE SPANISH CASE, 1964-88

被引:49
作者
BAJORUBIO, O [1 ]
SOSVILLARIVERO, S [1 ]
机构
[1] UNIV COMPLUTENSE MADRID,MADRID 3,SPAIN
关键词
PUBLIC CAPITAL; PRODUCTIVITY; COINTEGRATION;
D O I
10.1016/0264-9993(93)90015-8
中图分类号
F [经济];
学科分类号
02 ;
摘要
The possible influence of public capital accumulation on private sector economic performance is examined using Spanish data for the 1964-88 period. To do this, a simple aggregate production function for private output, including government-owned capital as a separate factor, is estimated by cointegration techniques. The results tend to support the view that the stock of public capital plays an important role in affecting private sector productivity.
引用
收藏
页码:179 / 185
页数:7
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