Der Autor arbeitet ein, im Rahmen der neoklassischen Gleichgewichtstheorie, konsistent begründetes Konzept für die modellhafte Abbildung gemeinschaftlich, d. h. nichtrival, nutzbarer Infrastrukturleistungen im Produktionsprozeß privater Unternehmen heraus. Empirische Studien haben die...

In the field of economics only nonhigh-quality data is usually available, which can cause the widely used least square estimators (LSE) to be biased and inefficient. Therefore, the present study introduces the robust modified M-estimator (MME) proposed by Yohai et al. (1991). In the case of...

Purpose – The purpose of this paper is to shed new light on the debate about the appropriateness of the Kaizuka rule, a Samuelson type of efficiency rule for public inputs, for the provision of firm-augmenting public inputs. Firm-augmenting public inputs are commonly included in public...

Purpose – The purpose of this paper is to shed new light on the debate about the appropriateness of the Kaizuka rule, a Samuelson type of efficiency rule for public inputs, for the provision of firm‐augmenting public inputs. Firm‐augmenting public inputs are commonly included in public...

Public or fiscal policy is sometimes concerned with the provision of some infrastructure. This paper deals with the specification of such infrastructures as public inputs. Among other things, and in contrast to relevant literature, it is shown that there is no identity between various public...