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Capitale pubblico e produttività nelle regioni italiane

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  • Silvia Saddi
  • Raffaele Paci

Abstract

Questo lavoro si propone di fornire un ulteriore contributo alla vasta letteratura che ha studiato il ruolo del capitale pubblico nei processi di crescita. Utilizzando un panel di 20 regioni italiane per il periodo 1970-1995, viene stimata una funzione di produzione che include come input: il lavoro, lo stock di capitale privato e quello pubblico, misurato dalla spesa regionale per infrastrutture. Preliminarmente abbiamo accertato che le nostre serie sono cointegrate e ciò assicura che le relazioni sottoposte a stima non sono spurie. I risultati econometrici mostrano che l’elasticità dell’output rispetto al capitale pubblico è positiva e significativa per tutte le macroregioni, ad eccezione del Centro. Inoltre, considerando le diverse tipologie, si evidenzia il ruolo importante svolto da quelle infrastrutture più direttamente finalizzate alla produzione, quali le reti di trasporto e le telecomunicazioni.

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Bibliographic Info

Article provided by FrancoAngeli Editore in its journal SCIENZE REGIONALI.

Volume (Year): 2002/3 (2002)
Issue (Month): 3 ()
Pages:

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Handle: RePEc:fan:scresc:v:html10.3280/scre2002-003001

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References

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  1. Ferri, G. & Mattesini, F., 1997. "Finance, Human Capital and Infrastructure: An Empirical Investigation of Post-War Italian Growth," Papers 321, Banca Italia - Servizio di Studi.
  2. Holtz-Eakin, Douglas, 1994. "Public-Sector Capital and the Productivity Puzzle," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 12-21, February.
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  6. David Aschauer, 1988. "Is public expenditure productive?," Staff Memoranda 88-7, Federal Reserve Bank of Chicago.
  7. Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-96, September.
  8. Jeroen J.M. Kremers & Neil R. Ericsson & Juan J. Dolado, 1992. "The power of cointegration tests," International Finance Discussion Papers 431, Board of Governors of the Federal Reserve System (U.S.).
  9. Garcia-Mila, Teresa & McGuire, Therese J., 1992. "The contribution of publicly provided inputs to states' economies," Regional Science and Urban Economics, Elsevier, vol. 22(2), pages 229-241, June.
  10. Randall W. Eberts, 1986. "Estimating the contribution of urban public infrastructure to regional growth," Working Paper 8610, Federal Reserve Bank of Cleveland.
  11. Lucio Picci, 1995. "Productivity and Infrastructure in the Italian Regions," Working Papers 230, Dipartimento Scienze Economiche, Universita' di Bologna.
  12. Randall W. Eberts, 1990. "Public infrastructure and regional economic development," Economic Review, Federal Reserve Bank of Cleveland, issue Q I, pages 15-27.
  13. Teresa Garcia-Milà & Therese J. McGuire & Robert H. Porter, 1993. "The effect of public capital in state-level production functions reconsidered," Economics Working Papers 36, Department of Economics and Business, Universitat Pompeu Fabra.
  14. Evans, Paul & Karras, Georgios, 1994. "Are Government Activities Productive? Evidence from a Panel of U.S. States," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 1-11, February.
  15. Alicia H. Munnell, 1990. "How does public infrastructure affect regional economic performance?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, pages 69-112.
  16. Karlsson, Sune & Lothgren, Mickael, 2000. "On the power and interpretation of panel unit root tests," Economics Letters, Elsevier, vol. 66(3), pages 249-255, March.
  17. Mario Forni & Sergio Paba, 2000. "The Sources of Local Growth: Evidence from Italy," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 59(1), pages 1-49, April.
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Citations

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Cited by:
  1. Alessandra Faggian & Bianca Biagi, 2003. "Measuring Regional Multipliers: a Comparison between two Different Methodologies for the case of the italian Regions," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2003(1).
  2. Raffaello Bronzini & Piero Casadio & Giuseppe Marinelli, 2012. "What the Regional Transport Infrastructure Indicators Can and Cannot Tell Us," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
  3. Davide Piacentino & Erasmo Vassallo, 2011. "Exploring the sources of labour productivity growth and convergence in the Italian regions: some evidence from a production frontier approach," The Annals of Regional Science, Springer, vol. 46(2), pages 469-486, April.
  4. Valter Di Giacinto & Giacinto Micucci & Pasqualino Montanaro, 2012. "The Macroeconomic Impact of Infrastructures: A Literature Review and Empirical Analysis on the Case of Italy," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.
  5. Emanuela Marrocu & Raffaele Paci, 2010. "The effects of public capital on the productivity of the Italian regions," Applied Economics, Taylor and Francis Journals, vol. 42(8), pages 989-1002.
  6. E. Marrocu & R. Paci & F. Pigliaru, 2006. "Gli effetti del capitale pubblico sulla produttività delle regioni italiane," Working Paper CRENoS 200601, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.

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