Infrastructures and Productivity in the Spanish Regions

  1. Matilde Mas Ivars 1
  2. Joaquín Maudos Villarroya 1
  3. Francisco Pérez García 1
  4. Ezequiel Uriel Jiménez 1
  1. 1 Universitat de València
    info

    Universitat de València

    Valencia, España

    ROR https://ror.org/043nxc105

Revista:
Working papers = Documentos de trabajo: Serie EC - (Instituto Valenciano de Investigaciones Económicas)

Any de publicació: 1995

Número: 10

Pàgines: 1-27

Tipus: Document de treball

Resum

The aim of this paper is to analyse the role of public capital, the types of infrastructures in which it is invested, and their territorial distribution in the gains in productivity of the private sector in the Spanish regions in the period 1964-1991 using panel data techniques to control for unobserved state-specific characteristics. The results obtained show how the infrastructures most directly linked to the productive process present a significant and positive effect on productivity. They also show the importance of the network effect of the infrastructures of a productive nature as well as a decrease in the elasticity associated with such infrastructures as development progress.