TY - JOUR
T1 - Impact of public infrastructure on output of U.S. food manufacturing industries
T2 - a heterogeneous dynamic panel approach
AU - Tong, Tingting
AU - Yu, T. Edward
AU - Jensen, Kimberly
AU - De La Torre Ugarte, Daniel
AU - Cho, Seong Hoon
PY - 2016/3/2
Y1 - 2016/3/2
N2 - 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].
AB - 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].
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U2 - 10.1002/agr.21455
DO - 10.1002/agr.21455
M3 - Article in a journal
SN - 0742-4477
VL - 32
SP - 439
EP - 453
JO - Agribusiness
JF - Agribusiness
IS - 4
ER -
