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Capital public et productivite quels effets sur les disparites regionales ?

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  • Sylvie Charlot
  • Virginie Piguet
  • Bertrand Schmitt

Abstract

In this paper, we examine the role of public capital in regional growth in France. Two main questions are addressed: (i) its effect on regional growth; (ii) its role in reducing disparities between regions. After building regional series of public and private capital, we estimate production functions with three inputs (private capital and employment, public capital) using panel data for 21regions of France during the period 1978-1993. Interregional heterogeneity of elasticities obtained leads us to apply empirical bayesian estimators and to perform estimations by groups of regions. While public capital seems to stimulate regional growth in France, contrary to what is observed in the USA, the impact of public capital apparently depends on the initial level of regional wealth. We show that public capital induces a reduction of the gap between richer regions and other regions without allowing a reduction of the gap between poorer regions and regions with mean GDP.

Suggested Citation

  • Sylvie Charlot & Virginie Piguet & Bertrand Schmitt, 2003. "Capital public et productivite quels effets sur les disparites regionales ?," Revue d'économie politique, Dalloz, vol. 113(6), pages 851-880.
    • Handle: RePEc:cai:repdal:redp_136_0851
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