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Title: |
Contributions of State-Owned Enterprises to the Growth of Total Output |
| Author: |
Doamekpor,
Francois K. |
| Author
Affiliation: |
U Akron |
| Source: |
International Economic Journal, Winter 1998, v. 12, no. 4, pp. 65-77 |
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Publication Date: |
Winter 1998 |
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Abstract: |
This paper explores the effects of public
enterprises on the growth of total output in thirty-seven countries. It
uses a variant of the Cobb-Douglas production function to estimate
contributions to total output. The object of this approach is to examine
an alternative methodology for evaluating issues surrounding the
existence of public enterprises. Within the constraints imposed by data
availability on public enterprises, I find that evidence of contribution
to total output, using the residual analysis method, is not as weak or
fragile as previously found. This weakness is found only when the
ordinary least squares regression method is used. |
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