Title
Impact of Public Infrastructure on Output of U.S. Food Manufacturing Industries: A Heterogeneous Dynamic Panel Approach
Date Issued
01 September 2016
Access level
metadata only access
Resource Type
journal article
Author(s)
Tong T.
Yu T.E.
Jensen K.
Cho S.H.
University of Tennessee
Publisher(s)
John Wiley and Sons Inc.
Abstract
This study analyzes the long-run impacts of public infrastructure on output of 34 U.S. food manufacturing/processing industries during 1958–2000 using heterogeneous dynamic panel methods, including mean group and pooled mean group methods. The results suggest that public infrastructure has a long-term output impact across U.S. food manufacturing and processing industries. A 1% increase in public infrastructure increases U.S. food manufacturing output by 0.06% in the long run. The long-run positive impact of public infrastructure on food output suggests its importance to the food manufacturing sector of continuous public infrastructure investment [EconLit citations: Q13; H54; C33].
Start page
439
End page
453
Volume
32
Issue
4
Language
English
OCDE Knowledge area
Econometría Economía
Scopus EID
2-s2.0-84959264438
Source
Agribusiness
ISSN of the container
07424477
Sources of information: Directorio de Producción Científica Scopus