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Types Of Public Capital And Their Productivity In Japanese Prefectures

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  • IZUMI MIYARA
  • MOTOTSUGU FUKUSHIGE

Abstract

Several researchers have studied the productivity of public capital in Japan but most have not paid attention to the types of public infrastructure or differences in production technology between prefectures. We estimate prefectural production functions with differently aggregated public capital. Through the model selection process, we examine the types of productive public capital. The empirical results show the production technologies used and how types of productive public capital differ between prefectures.

Suggested Citation

  • Izumi Miyara & Mototsugu Fukushige, 2008. "Types Of Public Capital And Their Productivity In Japanese Prefectures," The Japanese Economic Review, Japanese Economic Association, vol. 59(2), pages 194-210, June.
    • Handle: RePEc:bla:jecrev:v:59:y:2008:i:2:p:194-210
    DOI: 10.1111/j.1468-5876.2007.00390.x
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    References listed on IDEAS

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    1. Alicia H. Munnell, 1990. "How does public infrastructure affect regional economic performance?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 69-112.
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    1. Honma, Satoshi & Hu, Jin-Li, 2009. "Total-factor energy productivity growth of regions in Japan," Energy Policy, Elsevier, vol. 37(10), pages 3941-3950, October.
    2. Koike, Atushi & Sakaguchi, Takuhiro & Seya, Hajime, 2022. "Road infrastructure and TFP in Japan after the rapid growth: A nonstationary panel approach," MPRA Paper 112375, University Library of Munich, Germany.
    3. Kameda, Keigo & Lu, Zhenkun & Fukui, Masaki, 2022. "Comparison of the productivity of public capital by project type: Central-government, subsidized-local, and unsubsidized-local projects in Japan," Japan and the World Economy, Elsevier, vol. 61(C).
    4. Kawaguchi, Daiji & Ohtake, Fumio & Tamada, Keiko, 2009. "The productivity of public capital: Evidence from Japan's 1994 electoral reform," Journal of the Japanese and International Economies, Elsevier, vol. 23(3), pages 332-343, September.

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