TYPES OF PUBLIC CAPITAL AND THEIR PRODUCTIVITY IN JAPANESE PREFECTURES

IZUMI MIYARA, MOTOTSUGU FUKUSHIGE

doi:10.1111/j.1468-5876.2007.00390.x

TYPES OF PUBLIC CAPITAL AND THEIR PRODUCTIVITY IN JAPANESE PREFECTURES

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説明

Several researchers have studied the productivity of public capital in Japan but most have not paid attention to the types of public infrastructure or differences in production technology between prefectures. We estimate prefectural production functions with differently aggregated public capital. Through the model selection process, we examine the types of productive public capital. The empirical results show the production technologies used and how types of productive public capital differ between prefectures.