465010-1 Report Abstract

This study attempts to replicate the analyses of Aschauer, Munnell and other regarding the impacts of public infrastructure investments on private factor productivity at the national level using a 1974 data set for the state of Texas using a newer public capital stock data set developed by NCHRP Study 2-17(3).

Keywords: Transportation Investments, Public Capital Stocks, Highway Capital Stock, Factor Productivity, Labor Productivity, Private Capital Productivity

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Reference Report #465010-1