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Infrastructures and New Technologies as Sources of Spanish Economic Growth

Author

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  • Mas Ivars Matilde

    (UNIVERSITY OF VALENCIA INSTITUTO VALENCIANO DE INVESTIGACIONES ECONÓMICAS (Ivie))

Abstract

The paper reviews the impact of infrastructures and Information and Communication Technologies (ICT) on economic growth. It takes Spain as a reference case due to the accessibility of capital services estimates. The Spanish database allows the measurement of the impact on growth of three ICT assets (software, hardware and communication) and six different types of infrastructures (roads, railways, airports, ports, as well as urban and water infrastructures). It also allows the distinction between publicand privately owned infrastructures. As a first step, the paper recommends the adjustment of the National Accounts (NA) figures, especially when the endogenous approach is utilized to compute the usercost. The rationale for the adjustment lies in the need to recognize explicitly the services provided by public capital, not fully included in NA.

Suggested Citation

  • Mas Ivars Matilde, 2006. "Infrastructures and New Technologies as Sources of Spanish Economic Growth," Working Papers 201045, Fundacion BBVA / BBVA Foundation.
    • Handle: RePEc:fbb:wpaper:201045
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    Cited by:

    1. is not listed on IDEAS
    2. Wulong Gu, 2018. "Accounting for Slower Productivity Growth in the Canadian Business Sector after 2000: The Role of Capital Measurement Issues," International Productivity Monitor, Centre for the Study of Living Standards, vol. 34, pages 21-39, Spring.

    More about this item

    Keywords

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    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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