Public capital and private productivity
Article Abstract:
Two dual models and a direct production model were used to determine whether the availability of public capital has an impact on the private sector's production process. Further, what part of decreased labor productivity in the private sector can be attributed to decreased growth in public capital. The same variable data were applied to each of the three models in order to minimize variances. However, widely differing results demonstrate the difficulty of determining the exact impact of public capital on private productivity.
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Designing VAT systems: some efficiency considerations
Article Abstract:
Three basic hypotheses on value added tax (VAT) compliance are tested using 1987 data from a sample of 17 Organization for Economic Cooperation and development countries. A compliance index was created and regressed against a number of explanatory variables. Results indicate that VAT compliance increases with a lower VAT rate, a smaller population, fewer VAT rates, larger expenditures for implementation and more time for administering a VAT rate.
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Property tax capitalization in a model with tax-deferred assets, standard deductions, and the taxation of nominal interest
Article Abstract:
A model of property tax capitalization was designed taking into account tax-deferred assets, standard deductions and the taxation of nominal interest. Results showed that ignoring differences in tax status across homebuyers causes the capitalization equation to be misspecified for 90% of owner-occupied homes. It was shown that controlling for federal tax provisions increases the precision of the estimated capitalization rate.
Publication Name: Review of Economics and Statistics
Subject: Mathematics
ISSN: 0034-6535
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Unraveling the productivity growth slowdown in the United States, Canada, and Japan: the effects of subequilibrium, scale economies and markups
- Abstracts: Using trivariate copulas to model sample selection and treatment effects: application to family health care demand
- Abstracts: Inflation and wage indexation in the postwar United States. Inflationary expectations and price setting behavior
- Abstracts: International business cycles and financial integration. Identification, long-run relations, and fundamental innovations in a simple cointegrated system
- Abstracts: Estimating capital asset price indexes. Comparing price levels across countries using minimum-spanning trees. Exact hedonic price indexes