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Scale Economies, Returns to Variety, and the Productivity of Public Infrastructure

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NBER1995-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5295
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We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure lowers costs in a manufacturing sector characterized by both firm-level returns to scale and industry-level external returns to variety. Infrastructure alters factor prices,
提供机构:
美国国家经济研究局
创建时间:
1995-10-01
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