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La contribución de las infraestructuras a la producción: estimación por máxima entropía

Author

Listed:
  • Jorge Rodríguez-Vález

    (Servicio de Estudios de BBVA)

  • Antonio Álvarez Pinilla

    (Universidad de Oviedo)

  • Esteban Fernández Vázquez

    (Universidad de Oviedo)

  • Carlos Arias Sampedro

    (Universidad de León)

Abstract

El análisis empírico de la productividad de las infraestructuras se ha enfrentado a múltiples problemas econométricos que parecen estar detrás de la gran variabilidad en los resultados obtenidos en la literatura. Uno de esos problemas es la multicolinealidad existente al estimar los parámetros de una función de producción regional que incluye entre los inputs la dotación de capital público. En este trabajo se aborda el problema de la multicolinealidad introduciendo información a priori sobre los parámetros de interés. Para ello, empleamos el método de máxima entropía para estimar una función de producción con datos de las regiones españolas. Los resultados de las estimaciones señalan que las infraestructuras tienen una influencia relevante en la producción.

Suggested Citation

  • Jorge Rodríguez-Vález & Antonio Álvarez Pinilla & Esteban Fernández Vázquez & Carlos Arias Sampedro, 2009. "La contribución de las infraestructuras a la producción: estimación por máxima entropía," Revista de Economia Aplicada, Universidad de Zaragoza, Departamento de Estructura Economica y Economia Publica, vol. 17(2), pages 76-96, Autumn.
  • Handle: RePEc:rev:reveca:v:17:y:2009:i:2:p:76-96
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    Citations

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    Cited by:

    1. Justo De Jorge Moreno & Cesar Camison Zorzona & Juan Muro Romero & Leopoldo Laborda Castillo, 2015. "Effects Of Public Capital On Economic Growth And Productivity In Spain During The Period 1980-2007," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 40(4), pages 67-89, December.
    2. Pérez, María & Orea, Luis, 2011. "Productivity growth and its determinants in the Spanish provinces: Do within-regions differences matter?," Efficiency Series Papers 2011/02, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).

    More about this item

    Keywords

    Infraestructuras; productividad; máxima entropía.;

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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