Estimating the contribution of public capital with times series production functions: a case of unreliable inference

This paper assesses the magnitude of bias in reported estimates of the productive contribution of public capital stock to private factors productivity and growth. The standard approach is taken, based on a production function, in order to estimate structural parameters on simulated pseudo samples generated from a stochastic general equilibrium model.

MoreLess

Year of publication:	2001
Authors:	Hurlin, Christophe
Published in:	Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 8.2001, 2, p. 99-103
Publisher:	Taylor & Francis Journals

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005629230