Direct and Indirect Effects of Public Infrastructure on Regional Economic Growth in Japan: An Application of the Covariance Structure Model by Geographical Classification Area
The direct and indirect effects of public infrastructure (PI) were evaluated by a covariance structure model. Empirical results showed the positive indirect effect, crowding-in effect, as well as the direct effect as an input factor, differences of these effects by the geographical areas and periods.
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Direct and Indirect Effects of Public Infrastructure on Regional Economic Growth in Japan: An Application of the Covariance Structure Model by Geographical Classification Area