Econometric testing of spatial productivity spillovers from public capital

In this paper we review two different approaches followed in the empirical literature to test for the existence of public capital spillovers. Additionally, we explore the role played by an additive aggregator of public capital in neighboring regions versus the multiplicative aggregator used previous... Deskribapen osoa

Egile nagusia: Álvarez Pinilla, Antonio
Beste egile batzuk: Arias Sampedro, Carlos, Orea Sánchez, Luis
Formatua: Artikulua
Hizkuntza: Ingelesa
Argitaratua: Ministerio de Hacienda: Instituto de Estudios Fiscales 2006
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Laburpena: In this paper we review two different approaches followed in the empirical literature to test for the existence of public capital spillovers. Additionally, we explore the role played by an additive aggregator of public capital in neighboring regions versus the multiplicative aggregator used previously in the literature. In the empirical application we compare the different methodologies using a panel data set of the 47 mainland Spanish provinces. We do not find evidence of the existence of spillover effects of public infrastructure