The effect of public infrastructure on private activity: Evidence from the spanish regions

Maria Jesus Delgado Rodriguez () and Inmaculada Álvarez

Documentos de Trabajo del ICAE from Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico

Abstract: This paper considers the measurement of infrastructure capital in the Spanish economy and investigates the technical relation among the inputs, which offers information about the way infrastructure enters in the production process. Using a translog production function we present panel estimates for the 17 Spanish regions for the period 1980-1995. The results indicate that productive infrastructure encourages private investment and can therefore be considered to be essential for economic growth.

Keywords: Translogarithmic Production Function; Inputs Technical Relations; Regional growth; Productive Infrastructure (search for similar items in EconPapers)
Pages: 25 page
Date: 2001
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