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Transport Infrastructures And Regional Growth: Evidence Of The Spanish Case

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Listed:
  • Mercedes Gumbau Albert

    () (Universitat de València)

  • Joaquín Maudos Villarroya

    (Instituto Valenciano de Investigaciones Económicas)

  • Pedro Cantos

    (Universitat de València)

Abstract

This paper analyses the impact of transport infrastructures on the economic growth of both regions and sectors, distinguishing among modes of transport. It also attempts to capture the spillover effects or network effects associated with transport infrastructures. Two different methodologies are used: the first adopts an accounting approach on the basis of a regression on total factor productivity (TFP) indices, the second uses econometric estimates of the production function. Our study obtains very similar elasticities with both methodologies for the private sector of the economy, both for the aggregate capital stock of transport infrastructures and for the various types of infrastructure. Important network effects of these infrastructures on the private sector have also been observed. However, the disaggregated results for sectors of production are not conclusive. Este trabajo analiza el impacto de las infraestructuras de transporte sobre elcrecimiento económico, tanto regional como sectorial, distinguiendo el análisis pormodo de transporte. Asimismo, se intentan captar los efectos spillover o efectos redasociados a las infraestructuras de transporte. Para ello, se emplean dos metodologíasdiferentes. La primera utiliza una aproximación contable a partir de una regresión sobrelos índices de productividad total de los factores (TFP). La segunda metodología utilizaestimaciones econométricas de la función de producción. Nuestro trabajo obtiene paraambas metodologías elasticidades muy similares para el sector privado de la economía,tanto para el stock de capital agregado de infraestructuras de transporte como para losdiversos tipos de infraestructuras. También se han constatado importantes efectos red deestas infraestructuras sobre el sector privado. Sin embargo, los resultados desagregadospor sectores productivos no son concluyentes.

Suggested Citation

  • Mercedes Gumbau Albert & Joaquín Maudos Villarroya & Pedro Cantos, 2002. "Transport Infrastructures And Regional Growth: Evidence Of The Spanish Case," Working Papers. Serie EC 2002-27, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  • Handle: RePEc:ivi:wpasec:2002-27
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    References listed on IDEAS

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    1. 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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    9. Rosina Moreno Serrano & Enrique Lopez Bazo & Manuel Artis Ortuno, 2001. "Public infrrastructure and the performance of manufacturing industries: Short-and long-run," Working Papers in Economics 69, Universitat de Barcelona. Espai de Recerca en Economia.
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    12. Chandra, Amitabh & Thompson, Eric, 2000. "Does public infrastructure affect economic activity?: Evidence from the rural interstate highway system," Regional Science and Urban Economics, Elsevier, vol. 30(4), pages 457-490, July.
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    Cited by:

    1. Chandril Bhattacharyya, 2016. "A note on endogenous growth with public capital," Economics Bulletin, AccessEcon, vol. 36(4), pages 2506-2518.
    2. Antonio Alvarez & Carlos Arias & Luis Orea, 2006. "Econometric testing of spatial productivity spillovers from public capital," Hacienda Pública Española, IEF, vol. 178(3), pages 9-21, September.
    3. 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).
    4. Na, Kyoung-Youn & Yoon, Chang-ho, 2015. "ICT development and productivity of transport infrastructure," 2015 Regional ITS Conference, Los Angeles 2015 146329, International Telecommunications Society (ITS).
    5. 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.
    6. Roibás, David & Baños, José, 2010. "The Impact of Infraestructures in Provincial Production: Assesing its Dynamic Impact," Efficiency Series Papers 2010/05, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    7. Gómez-Antonioa, Miguel & Fingleton, Bernard, 2009. "Analysing the impact of public capital stock using the NEG wage equation: a panel data approach," SIRE Discussion Papers 2009-29, Scottish Institute for Research in Economics (SIRE).
    8. Pedro R.D. Bom & Jenny E. Ligthart, 2009. "How Productive is Public Capital? A Meta-Regression Analysis," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper0912, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    9. Alfredo Marvão Pereira & Oriol Roca-Sagales, 2007. "Public infrastructure and regional asymmetries in Spain," Revue d'économie régionale et urbaine, Armand Colin, vol. 0(3), pages 503-519.
    10. Alvarez, Antonio & Arias, Carlos & Orea, Luis, 2004. "The Measurement of Spatial Productivity Spillovers from Public Capital," Efficiency Series Papers 2004/08, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    11. repec:eee:retrec:v:63:y:2017:i:c:p:13-26 is not listed on IDEAS
    12. Inmaculada Álvarez Ayuso & Mª Jesús Delgado Rodríguez, 2004. "Infraestructuras de Transportes: Medición y Análisis de los Efectos Desbordamiento para los Sectores Productivos Españoles," Documentos de Trabajo del ICAE 0407, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    13. repec:oup:apecpp:v:39:y:2017:i:2:p:313-345. is not listed on IDEAS

    More about this item

    Keywords

    Infraestructuras de transporte; productividad; regiones; sectores. Transport infrastructures; productivity; regions; sectors.;

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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