The Impact of Public Capital, Human Capital, and Knowledge on Aggregate Output

The Impact of Public Capital, Human Capital, and Knowledge on Aggregate Output / Joutz, Frederick L.

This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to include the stock of public capital as an additional factor input. We use patent applications to proxy fo...

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Bibliographic Details
Main Author: Joutz, Frederick L.
Corporate Author: International Monetary Fund
Other Authors: Abdih, Y. (Yasser)
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
©2008
Series:IMF Working Papers ; Working Paper no. 08/218.
Subjects:
Public investments > United States > Econometric models.
Human capital > United States > Econometric models.
Knowledge management > United States > Econometric models.
Human capital > Econometric models
Public investments > Econometric models
United States
Online Access:Click for online access

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