01 14 The Contribution of Local Public Infrastructure to Private Productivity and its Political-Economy : Evidence from a Panel of Large German Cities Achim Kemmerling *

@inproceedings{Stephan2001011T,
  title={01 14 The Contribution of Local Public Infrastructure to Private Productivity and its Political-Economy : Evidence from a Panel of Large German Cities Achim Kemmerling *},
  author={Andreas Stephan},
  year={2001}
}
This paper proposes a simultaneous-equation approach to the estimation of the contribution of infrastructure accumulation to private production. A political economy model for the allocation of public infrastructure investment grants is formulated. Our empirical findings, using a panel of large German cities for the years 1980, 1986, and 1988, suggest that cities ruled by a council sharing the State ('Bundesland') government's current political affiliation were particularly successful in… CONTINUE READING