The economic benefits of public infrastructure

Conrad, Klaus; Seitz, Helmut

doi:10.1080/00036849400000077

Cited by 79 publications

(52 citation statements)

References 6 publications

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“…According to Berndt (1991) in his review of the history of the development of such functional forms, it was Diewert who first introduced the generalised Leontief form, which is used in infrastructure research by Berndt and Hansson (1991) for Sweden and Seitz (1993; for Germany. An alternative form is the translog cost function, used by Conrad and Seitz (1994), and Seitz and Licht (1995) for sectoral and regional analyses of the role of German public capital respectively. Another potential empirical form for the cost function is that used by Nadiri and Mamuneas (1994) in their analysis of the effects of public infrastructure on US manufacturing.…”

Section: Estimation Of Regional Infrastructure Cost Functions In Greecementioning

confidence: 99%

“…Similar research has been conducted in Europe. Berndt and Hansson (1991a) have investigated the Swedish case, Lynde and Richmond (1993b) looked at the UK, Conrad and Seitz (1994) provided a sectoral analysis for Germany, Seitz and Licht (1995) focused on a regional analysis for the (West) German states, and Seitz (1993 and analysed the effects of the total public capital and road infrastructure respectively. In all these cases, infrastructure capital appears to have, once again, a positive role regarding the private sector's costs and productivity.…”

Section: Infrastructure and The Economic Performance Of The Private Smentioning

confidence: 99%

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Duality theory and cost function analysis in a regional context: the impact of public infrastructure capital in the Greek regions

Rovolis

Spence

2002

The Annals of Regional Science

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in AbstractThe resurgent interest in the role of infrastructure on development, spurred by the work on Aschauer in the late eighties, has produced a voluminous research activity, both at national and regional levels. Even though the majority of this research is based on production function analysis, more recently has emerged the alternative analytical framework of duality theory and cost function analysis. The latter is utilised here, in an effort to investigate public capital's impact on manufacturing at the regional level (Greek prefectures). Public capital categories have been grouped to two major categories of 'productive' and 'social' infrastructure. The latter seems to play little role in reducing private costs, but the former appears to be an important cost reduction influence. It can also be demonstrated that infrastructure has a substitutional relationship with labour and intermediate inputs, and a complementary one with private capital.

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Section: Estimation Of Regional Infrastructure Cost Functions In Greecementioning

confidence: 99%

Section: Infrastructure and The Economic Performance Of The Private Smentioning

confidence: 99%

Duality theory and cost function analysis in a regional context: the impact of public infrastructure capital in the Greek regions

Rovolis

Spence

2002

The Annals of Regional Science

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“…Un punto de vista respecto a la política fiscal es que ésta frena el crecimiento económico por medio de los efectos distorsionadores de los impuestos y el gasto público ineficaz (Kormendi y Meguirre, 1985;Barro, 1990;Lucas, 1990;Easterly y Rebelo, 1993;Jones, Manuelli y Rossi, 1993;Kneller, Bleaney y Gemmell, 1999;Doménech y García, 2002). El otro punto de vista es que el gobierno, por medio de la política fiscal, juega un papel central en el desarrollo económico mediante la provisión de bienes públicos e infraestructura (Gramlich, 1994;Conrad y Seitz, 1994y Albala-Bertrand y Mamatzakis, 2001.…”

Section: Introductionunclassified

Política Fiscal, Crecimiento Sostenido Y Desarrollo Económico: La Experiencia Mexicana

Mota¹

2017

PE-IPN

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ResumenEl objetivo de este trabajo es mostrar que la política fiscal es una herramienta poderosa tanto para la política de estabilización como para generar políticas de desarrollo económico en economías emergentes como la mexicana, mediante el desarrollo de un modelo generalizado de política fiscal y desarrollo económico. Se destaca el uso potencial de la política fiscal como instrumento de desarrollo a través de la promoción del crecimiento económico, combate a la pobreza y la desigualdad y consolidación democrática dada por la legitimidad fiscal de un sistema impositivo progresivo y transparente.Palabras clave: política fiscal, desarrollo económico, desigualdad Clasificación JEL: E62, H30, H60, O11 AbstractThe objective of this work is to show that fiscal policy is a powerful tool for stabilisation policy both as to generate economic development policies Volumen VIII, núm. 15, Julio-Diciembre, 2012, pp. 7-38

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“…Berndt and Hansson (1992), Lynde and Richmond (1993), Seitz (1993), Nadiri and Mamuneas (1994), Conrad and Seitz (1994) and Boarnet (1996;1998) use cost function approach for the investigation of the relationship between transport measures and development for Sweden, United Kingdom, West Germany and USA. The common finding of these studies is that the effects of transport measures are cost reducing elements.…”

Section: Literature Surveymentioning

confidence: 99%