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Cross-Sectional Analysis of Public infrastructure and Regional Productivity Growth


An analysis of the relationship between local public capital stock and regional manufacturing output, inputs, and productivity between 1965 and 1977. Results show that the effect of public capital stock on regional productivity, although limited, cannot be dismissed, and that public infrastructure appears to be a major factor in explaining growth rates of inputs.


Suggested citation: Eberts, Randall, 1990. “Cross-Sectional Analysis of Public infrastructure and Regional Productivity Growth,” Federal Reserve Bank of Cleveland, Working Paper no. 90-04.

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