Public Capital and Private Sector Productivity

C. Kavanagh

Working Papers from University College Cork - Department of Economics

Abstract: Academic research in the U.S. and more recently in the U.K. and Sweden, has highlighted punlic capital as a significant growth determinant. Pul\blic capital, it is argued, has a positive effect on private sector output, productivity and capital formation. However, controversy surrounds the empirical results emerging from literature. Much of the controversy rests on research methods employed. This paper adds to this body of literature in two ways.

Keywords: PRODUCTIVITY; CAPITAL MARKET; ECONOMIC GROWTH (search for similar items in EconPapers)
JEL-codes: H40 H54 O42 O47 (search for similar items in EconPapers)
Pages: 27 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:fth:uccoec:96-6

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