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Human capital and other factors of the total productivity in Spanish Regions

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  • Aguayo, Eva

    ()

  • Exposito, Pilar

    ()

  • Rodriguez, X.A.

    ()

  • Vazquez, Emilia

    ()

Abstract

The productivity evolution results a main factors indicators in order to explain the uneven growth of the different economic spaces and their different levels of welfare in a long run. Just, the crucial importance of productivity for economic growth can be derived from its relation to other indicators of economic performance. Among other factors, these include accumulation of physical and human capital, technological progress, resources allocation and efficiency, and competitiveness. For this reason, in this paper we elaborate in the first place an indicator of Total Factor Productivity for the Spain regions from of point of view of the theoretical justifications of the different methodological proposals. In the second place, and using the available statistics, we explain the unequal behaviour of the Total Factor Productivity (TFP) between these regions from a point of view that variables like public capital (infrastructure), human capital (qualification), technological capital (research and development), productive specialization, the different grades of resource's uses, the exploitation of scale economies ..., may justify the regional divergence in productivity terms.

Suggested Citation

  • Aguayo, Eva & Exposito, Pilar & Rodriguez, X.A. & Vazquez, Emilia, 2000. "Human capital and other factors of the total productivity in Spanish Regions," Economic Development 45, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
  • Handle: RePEc:eaa:ecodev:45
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    File URL: http://www.usc.es/economet/aeeadepdf/aeeade45.pdf
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    References listed on IDEAS

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    1. Hulten, Charles R, 1973. "Divisia Index Numbers," Econometrica, Econometric Society, vol. 41(6), pages 1017-1025, November.
    2. Guisan, M.Carmen & Cancelo, M.Teresa, 1996. "Territorial public expenditure and revenue: economic impact in the European regional growth," Economic Development 8, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    3. Romer, Paul M, 1990. "Endogenous Technological Change," Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 71-102, October.
    4. Stern, Nicholas, 1991. "The Determinants of Growth," Economic Journal, Royal Economic Society, vol. 101(404), pages 122-133, January.
    5. Diewert, W. E., 1976. "Exact and superlative index numbers," Journal of Econometrics, Elsevier, vol. 4(2), pages 115-145, May.
    6. Alicia H. Munnell & Leah M. Cook, 1990. "How does public infrastructure affect regional economic performance?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 11-33.
    7. Romer, Paul M., 1990. "Human capital and growth: Theory and evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, pages 251-286.
    8. Ezequiel Uriel Jiménez & Francisco Pérez García & Matilde Mas Ivars & Joaquín Maudos Villarroya, 1993. "Capital Público Y Productividad De La Economía Espanola," Working Papers. Serie EC 1993-08, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    9. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Cited by:

    1. VIEIRA, Elvira & VAZQUEZ-ROZAS, Emilia & NEIRA, Isabel, 2008. "The Innovation Factor: An Econometric Model of Productivity European Regions," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 8(1), pages 59-70.

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