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Public Capital and Private Sector Productivity

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  • GLENN OTTO
  • GRAHAM M. VOSS

Abstract

The role of public services in private production is quantified for the Australian economy over the period 1966/67–1989/90. Public capital is shown to have a significant and positive impact on private production and private total factor productivity. The extent to which these results can contribute towards the debate about appropriate levels of public investment is also considered.

Suggested Citation

  • Glenn Otto & Graham M. Voss, 1994. "Public Capital and Private Sector Productivity," The Economic Record, The Economic Society of Australia, vol. 70(209), pages 121-132, June.
    • Handle: RePEc:bla:ecorec:v:70:y:1994:i:209:p:121-132
    DOI: 10.1111/j.1475-4932.1994.tb01832.x
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    References listed on IDEAS

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