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The effect of public infrastructure on private activity: Evidence from the spanish regions

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Listed:
  • M.J. Delgado Rodríguez

    (Universidad de Castilla la Mancha)

  • Inmaculada Álvarez Ayuso

    (Universidad Complutense de Madrid)

Abstract

This paper considers the measurement of infrastructure capital in the Spanish economy and investigates the technical relation among the inputs, which offers information about the way infrastructure enters in the production process. Using a translog production function we present panel estimates for the 17 Spanish regions for the period 1980-1995. The results indicate that productive infrastructure encourages private investment and can therefore be considered to be essential for economic growth.

Suggested Citation

  • M.J. Delgado Rodríguez & Inmaculada Álvarez Ayuso, 2001. "The effect of public infrastructure on private activity: Evidence from the spanish regions," Documentos de Trabajo del ICAE 0103, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    • Handle: RePEc:ucm:doicae:0103
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    References listed on IDEAS

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