Public capital and total factor productivity: New evidence from the Italian regions, 1970–98

Destefanis, Sergio; Sena, Vania

doi:10.1080/00343400500151863

Cited by 53 publications

(26 citation statements)

References 51 publications

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“…Although this view was questioned by some authors that documented opposite causality between productivity and public capital and the non-stationarity of the data (HoltzEakin;1994;Garcia-Mila et al, 1996), their position was subsequently refuted by several studies that documented a positive relationship between public capital and productivity of regional productive systems (Bonaglia et al, 2000;Canning, 1999;Canning and Pedroni, 2004;Destefanis and Sena, 2005;Everaert and Heylen, 2001;Fernald, 1999).…”

Section: Growth and Regional Development: A Theoretical Approachmentioning

confidence: 95%

Determinants of Regional Growth in Portugal: An Empirical Analysis

Manso¹,

Matos²,

Carvalho³

2015

E&S

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ABSTRACT. This paper aims to define the determinants of regional growth in Portugal, at the NUTS III level, in a time span between 1999 and 2010. A panel data approach is used as well as the fixed, random and pooled effects models, all of them with and without trend. The results from the panel data and the Hausman test show that the model that best portrays the reality under study is the panel data with random effects model. The performed analysis allowed us to confirm that employment, sectorial GVA, electricity consumption, number of museums and landline phone accesses have a positive association with the regional per capita GDP. Surprisingly, the number of residents, population density, number of medical doctors and technical progress presents a negative correlation instead.

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Section: Growth and Regional Development: A Theoretical Approachmentioning

confidence: 95%

Determinants of Regional Growth in Portugal: An Empirical Analysis

Manso¹,

Matos²,

Carvalho³

2015

E&S

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“…However, the results are mixed; they vary considerably depending on the period considered, the country analysed and the empirical approach adopted. Among a vast set of studies we refer in particular to the original contribution by Picci (1999), Bonaglia et al (2000), Paci and Saddi (2002), Destefanis and Sena (2005). It is worth remarking that the need of evaluating the effectiveness of public interventions have determined a fresh interest in the building of comparable public capital stocks series for both industrialised and developing countries (see Nourzad, 2000;Miller and Tsoukis, 2001;Hurlin and Arestoff, 2006;Kamps, 2006).…”

Section: Introductionmentioning

confidence: 99%

The effects of public capital on the productivity of the Italian regions

Marrocu¹,

Paci²

2010

Applied Economics

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This article investigates the role played by public capital in increasing the productivity levels in Italy. For construction of the regional series for the public capital stock over the period 1996 to 2003, the study benefits from the use of the rich dataset on public expenditure, recently published by the Italian Ministry of Economy. We have estimated panel production functions with the inclusion of traditional factors and also intangible inputs like research and development (R&D) expenditure, human capital (HK) and social capital (SK). The results point out that public capital has a positive and significant effect on production. Moreover, the effects of all production factors vary considerably between the two macro-areas of the country, namely Centre-North and Mezzogiorno. More specifically, while private capital is more effective in the South, labour exhibits an elasticity much higher in the Centre-North with respect to the Mezzogiorno. The disaggregation of the public capital stock into functional categories indicates a significant different impact in the two macro-areas. In addition, when the analysis is carried out by distinguishing among government levels it turns out that the decentralized administrative bodies are much less efficient in the South in delivering public expenditure.

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“…In a study of Italian regions, Destefanis and Sena (2005) examine the relationship between public infrastructure and productivity. The average elasticity of total factor productivity with respect to basic infrastructure is estimated to be 0.17.…”

Section: Literature Reviewmentioning

confidence: 99%

An Empirical Analysis of Education, Infrastructure, and Regional Growth in Mexico

Walke¹,

Fullerton²,

Anda³

et al. 2015

JEDS

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Various studies suggest that regions with larger stocks of physical infrastructure and human capital often exhibit comparatively robust economic performance. The research at hand examines whether this is the case for regions within Mexico using data from the 2010 Census and other sources. Aggregate production functions are estimated in order to analyze the determinants of economic performance across Mexican states. Explanatory variables include kilometers of highways, airport runway lengths, percentages of adults in each state with education beyond the primary level, and the number of certified researchers as a share of the national total. In line with prior research, results indicate that regional-level investments in transportation infrastructure and education will likely facilitate economic growth in Mexico. An out-of-sample policy simulation is used to further quantify regional economic throughout the country.

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Public capital and total factor productivity: New evidence from the Italian regions, 1970–98

Cited by 53 publications

References 51 publications

Determinants of Regional Growth in Portugal: An Empirical Analysis

Determinants of Regional Growth in Portugal: An Empirical Analysis

The effects of public capital on the productivity of the Italian regions

An Empirical Analysis of Education, Infrastructure, and Regional Growth in Mexico

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