Public Capital, Regional Productivity and Spatial Spillovers

Carlos Gil Canaleta (), Pedro Pascual Arzoz and Manuel Rapun Gurate ()
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Carlos Gil Canaleta: Departamento de Economia - UPNA, https://www.unavarra.es/departamento-economia
Manuel Rapun Gurate: Departamento de Economia - UPNA, https://www.unavarra.es/departamento-economia
Authors registered in the RePEc Author Service: Manuel Rapun Garate ()

No 9811, Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra from Departamento de Economía - Universidad Pública de Navarra

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 the regional cost functions for the three main sectors of the economy for the period 1964-1991. We also estimate a 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. Finally, there is a study of the existence 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.

Keywords: regional infrastructures; duality theory; productivity; externalities. (search for similar items in EconPapers)
Pages: 26 pages
Date: 1998
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Public capital, regional productivity and spatial spillovers (2005)
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