@article{ART001303253},
author={KIM, ILTAE and 김봉진},
title={Public Infrastructure and Production Efficiency in Regional Economy},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2008},
volume={59},
pages={103-117},
doi={10.15793/kspr.2008.59..005}
TY - JOUR
AU - KIM, ILTAE
AU - 김봉진
TI - Public Infrastructure and Production Efficiency in Regional Economy
JO - The Korea Spatial Planning Review
PY - 2008
VL - 59
IS - null
PB - 국토연구원
SP - 103
EP - 117
SN - 1229-8638
AB - This paper examines output elasticity and production efficiency of public infrastructure in korean metropolitan city-do during 1989~2006. This paper uses panel data analysis to estimate output elasticity and stochastic production frontier analysis to measure technical inefficiency.
First of all, we show that the value of estimated elasticity of public infrastructure are very low. This implies that public infrastructure plays little role as a direct input in an average production function. On the other hand, in stochastic production frontier analysis, the extent of technical inefficiency is negatively related to public infrastructure and then public infrastructure reduces technical inefficiency in gross regional domestic product.
KW - Public Infrastructure;Production Efficiency;Stochastic Production Frontier
DO - 10.15793/kspr.2008.59..005
ER -
KIM, ILTAE and 김봉진. (2008). Public Infrastructure and Production Efficiency in Regional Economy. The Korea Spatial Planning Review, 59, 103-117.
KIM, ILTAE and 김봉진. 2008, "Public Infrastructure and Production Efficiency in Regional Economy", The Korea Spatial Planning Review, vol.59, pp.103-117. Available from: doi:10.15793/kspr.2008.59..005
KIM, ILTAE, 김봉진 "Public Infrastructure and Production Efficiency in Regional Economy" The Korea Spatial Planning Review 59 pp.103-117 (2008) : 103.
KIM, ILTAE, 김봉진. Public Infrastructure and Production Efficiency in Regional Economy. 2008; 59 103-117. Available from: doi:10.15793/kspr.2008.59..005
KIM, ILTAE and 김봉진. "Public Infrastructure and Production Efficiency in Regional Economy" The Korea Spatial Planning Review 59(2008) : 103-117.doi: 10.15793/kspr.2008.59..005
KIM, ILTAE; 김봉진. Public Infrastructure and Production Efficiency in Regional Economy. The Korea Spatial Planning Review, 59, 103-117. doi: 10.15793/kspr.2008.59..005
KIM, ILTAE; 김봉진. Public Infrastructure and Production Efficiency in Regional Economy. The Korea Spatial Planning Review. 2008; 59 103-117. doi: 10.15793/kspr.2008.59..005
KIM, ILTAE, 김봉진. Public Infrastructure and Production Efficiency in Regional Economy. 2008; 59 103-117. Available from: doi:10.15793/kspr.2008.59..005
KIM, ILTAE and 김봉진. "Public Infrastructure and Production Efficiency in Regional Economy" The Korea Spatial Planning Review 59(2008) : 103-117.doi: 10.15793/kspr.2008.59..005