A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Public capital, regional productivity and spatial spillovers
Abstract This paper examines the impact of infrastructure on productivity in the various regions of Spain. Using the duality approach and panel data, we estimate regional cost functions for the three main sectors of the economy for the period 1964–1991. Public capital is included as an unpaid factor of production, and two separate variables are used to establish whether the different categories of public capital have varying effects on costs. Results show that public infrastructure noticeably reduces private costs and increases overall productivity. We also estimate a production function with regional and time fixed effects. Finally, we include a study of spillover effects in transport infrastructure. Estimations suggest that such effects are of some relevance, a fact which may have serious implications for public policy on infrastructure.
Public capital, regional productivity and spatial spillovers
Abstract This paper examines the impact of infrastructure on productivity in the various regions of Spain. Using the duality approach and panel data, we estimate regional cost functions for the three main sectors of the economy for the period 1964–1991. Public capital is included as an unpaid factor of production, and two separate variables are used to establish whether the different categories of public capital have varying effects on costs. Results show that public infrastructure noticeably reduces private costs and increases overall productivity. We also estimate a production function with regional and time fixed effects. Finally, we include a study of spillover effects in transport infrastructure. Estimations suggest that such effects are of some relevance, a fact which may have serious implications for public policy on infrastructure.
Public capital, regional productivity and spatial spillovers
Ezcurra, Roberto (author) / Gil, Carlos (author) / Pascual, Pedro (author) / Rapún, Manuel (author)
2005
Article (Journal)
English
Spatial knowledge spillovers and regional productivity growth in Europe
| Online Contents | 2007
Human capital spillovers in Dutch cities: consumption or productivity?
| Online Contents | 2016