Returns to investment in navigation infrastructure: An equilibrium approach

被引：0

作者：

Harry H. Kelejian

Dennis P. Robinson

机构：

[1] Department of Economics,

[2] University of Maryland,undefined

[3] Tydings Hall,undefined

[4] Room 3105,undefined

[5] College Park,undefined

[6] MD 20742,undefined

[7] USA (e-mail: Kelejian@econ.umd.edu),undefined

[8] The Institute of Water Resources,undefined

[9] Casey Building,undefined

[10] Alexandria,undefined

[11] VA 22315-3868,undefined

[12] USA (e-mail: robinson@osiris.cso),undefined

来源：

The Annals of Regional Science | 2000年 / 34卷

关键词：

Cost Function; Production Function; Significant Productivity; Productivity Estimate; Productivity Effect;

D O I：

暂无

中图分类号：

学科分类号：

摘要：

We argue that there are serious biases in public infrastructure productivity estimates which are based on a production function, or a cost function framework. These biases arise because public infrastructure has important effects on the demands, as well as prices of the factors of production. In this study we estimate the productivity effects of investment in navigation infrastructure in a systems framework. Our results strongly suggest a significant productivity effect of such investments.

引用

页码：83 / 108

页数：25

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