Publication

Infrastructure in a structural model of economic growth
Regional Science & Urban Economics, April, Vol. 25 Issue 2, p131, 21p.

Holtz-Eakin, D. & Schwartz, A.E.
01/01/1995

Proposes a neoclassical economic growth model to show the connection between infrastructure and productivity growth. Model as a framework for analyzing the empirical importance of public capital accumulation to productivity growth in the United States between 1971 and 1986; Characteristics of the growth path toward the steady state; Econometric implications.