TY  - JOUR
AU  - Nadiri,M. Ishaq
AU  - Mamuneas,Theofanis P.
TI  - Infrastructure and Public R&D Investments, and the Growth of Factor     Productivity in US Manufacturing Industries
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 4845
PY  - 1994
Y2  - August 1994
UR  - http://www.nber.org/papers/w4845
L1  - http://www.nber.org/papers/w4845.pdf
N1  - Author contact info:
M. Ishaq Nadiri
Department of Economics
New York University
19 W. 4th Street, 6th Floor
New York, NY  10012
Tel: 212/998-8968
Fax: 212/995-4013
E-Mail: min1@nyu.edu

Theofanis P. Mamuneas
Department of Economics
University of Cyprus, P. O. Box 20537, CY-1678, Ni
E-Mail: tmamuneas@ucy.ac.cy
M2  - featured in NBER digest on 1994-11-01
AB  - In this paper we examine the effects of publicly financed infrastructure and R&D capital on the cost structure and productivity performance of twelve two-digit U.S. manufacturing industries.  A general framework is developed to measure contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity growth.  The magnitude of the contribution of these sources varies considerably across industries: in some changes in demand dominate while in others changes in technology or relative prices are the main contributors.  Publicly financed infrastructure and R&D capital contribute to productivity growth.  However, the magnitudes of their contribution vary considerably across industries and on the whole they are not the major contributors to TFP in these industries.
ER  -