Productivity and Infrastructure in the Italian Regions

Lucio Picci

Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna

Abstract: Weaddress the issue of whether public infrastructure play an important role in determining factor productivity in Italy, and we show that the evidence is mixed. Public capital is significant in explaining output in most cases. However, whenthe attention is drawn on the long-run properties of the data, or when care is taken to rule out contemporaneous short-run effects, then public capital results to be either non-significant, or significant but of negligible importance.Weconclude that the influence of infrastructure on output is probably due, to a great extent, to short-run demand-side phenomena.

Date: 1995-09
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://amsacta.unibo.it/5102/1/230.pdf (application/pdf)

Related works:
Journal Article: Productivity and Infrastructure in the Italian Regions (1999)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:230

Access Statistics for this paper

More papers in Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna Contact information at EDIRC.
Bibliographic data for series maintained by Dipartimento Scienze Economiche, Universita' di Bologna ().