dc.contributor.author | KALYVITIS, Sarantis | |
dc.contributor.author | VELLA, Eugenia | |
dc.date.accessioned | 2014-05-08T12:30:34Z | |
dc.date.available | 2014-05-08T12:30:34Z | |
dc.date.issued | 2014 | |
dc.identifier.issn | 1830-7728 | |
dc.identifier.uri | https://hdl.handle.net/1814/31331 | |
dc.description.abstract | This paper assesses the productivity effects of infrastructure's operations and maintenance (O&M) spending by state and local governments in the 48 contiguous U.S. states over the period 1978-2000. We explicitly account for transboundary spillovers of capital and O&M spending and follow a semiparametric methodology that allows us to estimate state-specific output elasticities. We find strong evidence that in all 48 states the cross-state spillover effects of O&M outlays on productivity exceed their within-state impacts and are substantially higher than the spillover effects of capital expenditures. | en |
dc.format.mimetype | application/pdf | |
dc.language.iso | en | en |
dc.relation.ispartofseries | EUI MWP | en |
dc.relation.ispartofseries | 2014/04 | en |
dc.rights | info:eu-repo/semantics/openAccess | en |
dc.rights | info:eu-repo/semantics/openAccess | |
dc.subject | Total factor productivity growth | en |
dc.subject | Infrastructure | en |
dc.subject | Operations and maintenance expenditures | en |
dc.subject | Spillovers | en |
dc.subject | Semiparametric estimation | en |
dc.title | On the productivity effects of public capital maintenance : evidence from U.S. States | en |
dc.type | Working Paper | en |
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