TYPES OF PUBLIC CAPITAL AND THEIR PRODUCTIVITY IN JAPANESE PREFECTURES*

Izumi Miyara and Mototsugu Fukushige ()

The Japanese Economic Review, 2008, vol. 59, issue 2, 194-210

Abstract: Several researchers have studied the productivity of public capital in Japan but most have not paid attention to the types of public infrastructure or differences in production technology between prefectures. We estimate prefectural production functions with differently aggregated public capital. Through the model selection process, we examine the types of productive public capital. The empirical results show the production technologies used and how types of productive public capital differ between prefectures.

Date: 2008
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https://doi.org/10.1111/j.1468-5876.2007.00390.x

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Persistent link: https://EconPapers.repec.org/RePEc:bla:jecrev:v:59:y:2008:i:2:p:194-210

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