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- Title
Impact of Public Infrastructure on Output of U.S. Food Manufacturing Industries: A Heterogeneous Dynamic Panel Approach.
- Authors
Tong, Tingting; Yu, T. Edward; Jensen, Kimberly; De La Torre Ugarte, Daniel; Cho, Seong‐Hoon
- Abstract
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].
- Subjects
UNITED States; FOOD industry &; economic aspects; INFRASTRUCTURE (Economics); PRODUCTION (Economic theory); FOOD industry; UNITED States manufacturing industries
- Publication
Agribusiness, 2016, Vol 32, Issue 4, p439
- ISSN
0742-4477
- Publication type
Article
- DOI
10.1002/agr.21455