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dc.contributor.authorMakin, Tonyen_US
dc.contributor.authorPaul, Satyaen_US
dc.date.accessioned2017-05-03T11:46:28Z
dc.date.available2017-05-03T11:46:28Z
dc.date.issued2003en_US
dc.date.modified2010-07-12T06:40:37Z
dc.identifier.issn09727302en_US
dc.identifier.urihttp://hdl.handle.net/10072/32012
dc.description.abstractThis paper provides an overview of the current debate on the effects of public infrastructure on productivity. The early aggregate studies based on restrictive functional forms of production functions provide controversial estimates of the impact of public infrastructure on economic growth and productivity. Recent studies that have been based on flexible models of cost or profit functions and use disaggregated data find that public capital contributes significantly to productivity growth. The rates of returns to public capital are quite high. It seems that public capital is less than optimal on most of the economies and this calls for further public investment in infrastructure. There is also a scope for private investment in some infrastructure projects. The forms of infrastructure projects, where private firms would like to invest, may vary from economy to economy depending of their circumstances.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherScientific Publishersen_US
dc.publisher.placeIndiaen_US
dc.publisher.urihttp://www.scientificpub.com/sp/default.aspxen_AU
dc.relation.ispartofpagefrom137en_US
dc.relation.ispartofpageto147en_US
dc.relation.ispartofissue2en_US
dc.relation.ispartofjournalInternational Journal of Applied Business and Economic Researchen_US
dc.relation.ispartofvolume1en_US
dc.subject.fieldofresearchBusiness and Management not elsewhere classifieden_US
dc.subject.fieldofresearchcode150399en_US
dc.titleThe Productive Effects of Public Infrastructure: What Do the Data Say?en_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of Accounting, Finance and Economicsen_US
gro.date.issued2003
gro.hasfulltextNo Full Text


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