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How to estimate the productivity of public capital ?

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Academic year: 2021

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Figure

Table 1: Main Empirical Results: Speci…cations in Level
Table 2: Main Emprirical Results: Speci…cations in First Di¤erences Study Country Sample Model e ¤ g
Figure 1: Asymptotic Distribution of be g (P F CRS Hypothesis)
Figure 2: Asymptotic Distribution of be g (OCRS Hypothesis) 1 2 3 4 5 6 7 8 9 10-0.100.10.20.30.40.50.60.70.8 eg λ τ ag = 0  τag = 0.5τag= 0.7τag= 0.9True Value 5%
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