The Impact of Public Capital, Human Capital, and Knowledge on Aggregate Output /
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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| Format: | Revija |
| Jezik: | English |
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Washington, D.C. :
International Monetary Fund,
2008.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2008/218 |
| Online dostop: | Full text available on IMF |