Search results for "Public capital"
showing 9 items of 9 documents
The determinants of efficiency: the case of the Spanish industry
2002
The aim of this paper is to analyse the factors explaining the technical efficiency of Spanish industrial sectors during the period 1991–1994 using the Survey of Business Strategies (SBE) of the Ministry of Industry and Energy. It analyses whether efficiency can be explained by factors external to the firm such as the degree of competition in the markets in which it operates, characteristics of the firm (size, organization, advantages of location, participation of public capital, etc.), as well as the effects of dynamic disturbances that may affect the degree of utilization of the productive capacity.
Infrastructures and Productivity in the Spanish Regions
1996
The aim of this paper is to analyse the role of public capital, the types of infrastructures in which it is invested, and their territorial distribution in the gains in productivity of the private sector in the Spanish regions in the period 1964-1991 using panel data techniques to control for unobserved state-specific characteristics. The results obtained show how the infrastructures most directly linked to the productive process present a significant and positive effect on productivity. They also show the importance of the network effect of the infrastructures of a productive nature as well as a decrease in the elasticity associated with such infrastructures as development progresses. El p…
Infrastructure and Regional Economic Growth: The Spanish Case
1994
CUTANDA A. and PARICIO J. (1994) Infrastructure and regional economic growth: the Spanish case, Reg. Studies 28, 69-77. This paper considers the measurement of infrastructure capital in the Spanish regions and examines the regional disparities found. The relationship between income and infrastructure is studied in order to determine the impact of public capital in accounting for regional disparities in incomes. The empirical evidence shows that infrastructure has a significant positive effect on the income disparities at regional level. CUTANDA A. et PARICIO J. (1994) L'equipement et la croissance economique regionale, Reg. Studies 28, 69-77. Cet article considere la mesure du capital affec…
Avantages comparatifs et dynamiques de spécialisation : le cas des pays africains.
2021
In this thesis we analyze the mechanisms linking trade openness and industrialization patterns. We are particularly interested in developing countries, especially those belonging to the African continent, because of their particular form of production specialization— essentially based on agricultural and mining products. Our goal is to better understand the evolution of these forms of specialization in order to identify possible paths of industrial development. Chapter 1 provides a comprehensive overview of the literature on the theoretical determinants of international specialization and pays particular attention to theories emphasizing a dynamic view of comparative advantage. This chapter…
Public capital and productive efficiency in the Spanish regions (1964–89)
1995
The article analyses the evolution of the differences in economic conditions among Spanish regions from the perspective provided by the recent advances made in economic growth empirics. Although convergence is usually established in terms of Gross Value Added (GVA) per capita, in the case of Spain it is of special interest to break it down into three separate elements: activity rate, employment rate, and productivity of labour. Regional differences in unemployment rates, which persist for long periods of time, are identified as a force against convergence. After describing the distinction between conditional and non conditional convergence, the paper considers the role played by the product…
Public capital, productive efficiency and convergence in the Spanish regions (1964-93)
1998
This paper analyses the behaviour of productive efficiency in the Spanish regions for the period 1964–93. From a growth accounting approach, it describes the regional evolution of total factor productivity (TFP'), based on a private inputs production function. A stricter measure of efficiency is then quantified, which is not equivalent to Solow's residual, since public capital is included in the production function and constant returns to scale are not imposed. Finally, on the basis of the measures of total factor productivity and efficiency, the study discusses the existence of technological convergence among Spanish regions and the role played in it by public capital. The renewed interest…
The Effect of Public Infrastructure on the Private Productive Sector of Spanish Regions
2002
In this paper we analyze the effect of infrastructure on the cost and productivity performance of the private productive sector of Spanish regions over the period 1980–1993. We use a dual approach based on cost functions that allows us to recover the usual parameters estimated with production functions. In addition, we obtain rates of return and cost elasticities of production factors at the regional level. Our framework explicitly considers that some factors are quasi-fixed and their volume can differ from their optimal endowment levels. Our results indicate that the public sector has contributed significantly to enhance productivity and reduce costs in the private sector of almost every S…
Incorporación de valor social a la contratación pública en España: Situación y perspectivas
2016
La consideración del valor social en las transacciones con capital público debería ser un garante de mejora en las sociedades actuales. La inclusión de un reconocimiento e impulso de iniciativas de tipo social o medioambiental, por parte de las entidades públicas, en el momento de llevar a cabo concursos, compras o concesión de subvenciones, podría generar un incremento de la calidad de vida de los ciudadanos, objetivo que, sin duda, debería perseguir cualquier Administración Pública. En el presente artículo se revisa de forma comprensiva la situación de las administraciones (local, autonómica y nacional) en España, a la luz de los recientes cambios en la legislación comunitaria sobre contr…
Exploring the sources of labour productivity growth and convergence in the Italian regions: some evidence from a production frontier approach
2009
This paper investigates labour productivity growth and regional convergence patterns in Italy over the time span 1982–2000. Starting from some evidence of spatial polarisation within Italian economy, the analysis aims at exploring the sources of this tendency. To this end, an approach based on data envelopment analysis (DEA) production frontiers is employed which allows to decompose labour productivity growth into efficiency change, technological progress and capital deepening, looking then at the relative contribution of each component to regional convergence. Moreover, some measures of human capital and public capital are used as augmentation factors of the conventional inputs. The study …