The Impact of Infrastructure on Productivity: New Estimates for Québec /

The estimation of the contribution of public capital will allow us to verify if the results are similar to those obtained for Canada and to shed light on the magnitude of the impact of productive infrastructure in this Canadian province. [...] In the subsequent section, we describe the methodology we used to estimate the coefficients and the following sections include a discussion of the results obtained and potential implications the provincial economy. [...] He concludes that the density of the capital stock of each region depending on the size of the area served by the capital stock is an important explanatory factor of regional disparities in terms of productivity of public capital. [...] They estimate the portion of the slowdown in the mid-1970s to the late 1980s due to the declining ratio of public capital over labor to 40%. [...] Estimating equation (5) leads to the conclusion that the contribution of public capital to the MFP growth has considerably varied in Canada between the 1960s and the beginning of the new millennium as its contribution was greater in the 60s and 70s than in the following decades.