Public Infrastructure as a Determinant of Intertemporal and InterregionalProductive Performance in China
نویسندگان
چکیده
Public Infrastructure as a Determinant of Intertemporal and Interregional Productive Performance in China This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both over time and across regions. It finds that public infrastructure is a significant determinant of variations in labor productivity across provinces, but the contribution of public capital to labor productivity growth over time is likely non-existing or even negative. These seemingly contradictory results are reconciled once we view the measured intertemporal effect as a short-run impact and the interregional effect as a longterm consequence of public infrastructure investment. JEL Classification: H54, O47, R11
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