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- W3125012783 abstract "This paper applies a stochastic frontier production model with time-varying technical efficiency to investigate the relationship between public capital and technical efficiency. It is based on the proposition that public capital has an effect on actual output by enhancing technical efficiency, thereby reducing the gap between maximum potential output and actual output. Empirical results using panel data from U.S. state manufacturing industries during 1969-86 show that technical efficiencies varied substantially, both between states and between years; variations in technical efficiency are significantly explained by variations in public-sector capital." @default.
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- W3125012783 date "2003-02-10" @default.
- W3125012783 modified "2023-09-23" @default.
- W3125012783 title "Public Sector Capital and the Production Efficiency of U.S. Regional Manufacturing Industries" @default.
- W3125012783 hasPublicationYear "2003" @default.
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