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The Impact of Road Infrastructure on Productivity and Growth: Some Preliminary Results for the German Manufacturing Sector
Jönköping University, Jönköping International Business School, JIBS, Economics.
1997 (English)Report (Other (popular science, discussion, etc.))
Abstract [en]

Using time-series cross-section data from the manufacturing sector of the 11 Bundesländer from 1970 to 1993, we examine the impact of road infrastructure on private production applying three different approaches; i.e., a Cobb-Douglas production function, a translog production function and a growth accounting approach. Our econometric analysis explicitly takes into account four of the most frequent problems in the context of time-series cross-section analysis: serial correlation, groupwise heteroscedasticity, cross-sectional correlation and nonstationarity of data. For all approaches and tested specifications, we find that road infrastructure is significant for production in the manufacturing sector. Moreover, we find that variations between the Bundesländer are more important for explaining infrastructure's contribution to production than variations across years.

Place, publisher, year, edition, pages
1997.
Series
CIG Working Papers ; 97-47
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-8463OAI: oai:DiVA.org:hj-8463DiVA, id: diva2:211651
Available from: 2009-08-19 Created: 2009-04-16 Last updated: 2009-08-19Bibliographically approved

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Stephan, Andreas

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CiteExportLink to record
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Citation style
  • apa
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  • Other style
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  • de-DE
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  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
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  • Other locale
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Output format
  • html
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