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Working Paper

Cross-Sectional Analysis of Public infrastructure and Regional Productivity Growth

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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.
05.01.1990ISSN 2573-7953 WP 90-04DOI 10.26509/frbc-wp-199004

Working Papers of the Federal Reserve Bank of Cleveland are preliminary materials circulated to stimulate discussion and critical comment on research in progress. They may not have been subject to the formal editorial review accorded official Federal Reserve Bank of Cleveland publications. The views expressed in this paper are those of the authors and do not represent the views of the Federal Reserve Bank of Cleveland or the Federal Reserve System.

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. https://doi.org/10.26509/frbc-wp-199004