G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w3887
来源IDWorking Paper 3887
The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries
M. Ishaq Nadiri; Theofanis P. Mamuneas
发表日期1991-10-01
出版年1991
语种英语
摘要In this paper the authors examine the effects of publicly financed infrastructure and R&D capitals on the cost structure and productivity performance of twelve two-digit U.S. manufacturing industries. The results suggest that there are significant productive effects from these two types of capital. Their effects on the cost structure vary across industries and their contributions to growth of labor productivity vary over time as well. Not only is the cost function shifted downward in each industry, generating productivity inducement, but the factor demand in each industry is also affected by the two types of public capitals, suggesting bias effects. The authors also calculate the marginal benefits of these services in each industry and estimate the 'social' rates of return to these capitals for the industries in their sample.
主题Microeconomics ; Households and Firms ; Public Economics ; Public Goods
URLhttps://www.nber.org/papers/w3887
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/561220
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GB/T 7714
M. Ishaq Nadiri,Theofanis P. Mamuneas. The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries. 1991.
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