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2016-08

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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/104591

Productivity, infrastructure and human capital in the Spanish regions

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http://dx.doi.org/10.1080/17421772.2016.1189089

Abstract

We revisit the cointegration relation among output, physical capital, human capital, public capital and labour for 17 Spanish regions observed over the period 1964-2011. Our approach is based on the estimation of a panel data model where cross-section dependence is allowed among the members of the panel. The paper emphasizes the idea that common factors capturing, for instance, total factor productivity, should be accounted for when estimating the parameters. We use several proposals to estimate the long-run relation among these variables, which render consistent and efficient estimates of the parameters.

Subject

Anàlisi de dades de panel, Productivitat, Estimació d'un paràmetre, Recursos humans

Subject (English)

Panel analysis, Productivity, Parameter estimation, Human capital

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Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

Citation

CARRIÓN I SILVESTRE, Josep Lluís and SURDEANU, Laura. Productivity, infrastructure and human capital in the Spanish regions. Spatial Economic Analysis. 2016. Vol. 11, num. 4, pags. 365-391. ISSN 1742-1772. [consulted: 14 of June of 2026]. Available at: https://hdl.handle.net/2445/104591

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