Investment in infrastructure as determinant of metropolitan productivity

Jose Lobo, Norma M. Rantisi

Research output: Contribution to journalArticle

21 Citations (Scopus)

Abstract

Utilizing newly assembled data on per capita metropolitan investments from the Census of Governments - Finance Statistics, this paper assesses the effects of local (i.e., non-state and non-federal) government investments in public capital on metropolitan factor productivity. Differences in productivity across metropolitan areas are modeled as a Hicks-neutral production function shifter, and the analysis covers 261 metropolitan areas of the United States for the period 1977 to 1992. These findings indicate that there is no significant relationship between levels of public capital investments and the levels of metropolitan productivity for the period 1977, 1982, 1987, and 1992; however, a positive and significant relationship is found between the growth rate of local government investments in public capital and the growth rate of metropolitan productivity for the fifteen-year period.

Original languageEnglish (US)
Pages (from-to)106-127
Number of pages22
JournalGrowth and Change
Volume30
Issue number1
DOIs
StatePublished - Jan 1 1999
Externally publishedYes

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infrastructure
productivity
metropolitan area
factor productivity
finance
local government
census
public

ASJC Scopus subject areas

  • Global and Planetary Change

Cite this

Investment in infrastructure as determinant of metropolitan productivity. / Lobo, Jose; Rantisi, Norma M.

In: Growth and Change, Vol. 30, No. 1, 01.01.1999, p. 106-127.

Research output: Contribution to journalArticle

Lobo, Jose ; Rantisi, Norma M. / Investment in infrastructure as determinant of metropolitan productivity. In: Growth and Change. 1999 ; Vol. 30, No. 1. pp. 106-127.
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