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Capital público y eficiencia productiva: evidencia para la UE-15

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  • Mª Jesús Delgado Rodríguez

    ()
    (Universidad Rey Juan Carlos)

  • Inmaculada Alvarez Ayuso

    (Universidad Complutense de Madrid)

Abstract

En este trabajo se mide la eficiencia productiva de los quince Estados miembros de la Unión Europea (UE-15) durante el período 1980-2001, con el objetivo de analizar su evolución y explorar la influencia del capital público. Para ello se utiliza un modelo de frontera estocástica que permite estimar la eficiencia productiva y determinar los factores que pueden explicar las diferencias existentes entre países. Los stocks de capital público y privado utilizados en esta investigación se han elaborado a partir de información contenida en la base de datos NewCronos, de la que también proceden el resto de variables empleadas. Los resultados muestran un efecto positivo del capital público sobre la producción privada y la eficiencia productiva, siendo más eficientes aquellos países que mantienen una ratio capital público-capital privado menor. Se constata también un proceso de catch-up tecnológico entre los Estados miembros.

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Bibliographic Info

Article provided by IEF in its journal Hacienda Pública Española/Revista de Economía Pública.

Volume (Year): 168 (2004)
Issue (Month): 1 (marzo)
Pages: 27-46

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Handle: RePEc:hpe:journl:y:2004:v:168:i:1:p:27-46

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Keywords: capital público; eficiencia productiva y frontera estocástica.;

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