El Capital Tecnológico como Factor de Producción en las Regiones Españolas, 1980-2000/The technological capital as production factor in Spanish regions, 1980-2000

In this work, the authors construct a database of regional technological capital, with the maximum disaggregation compatible with Official Regional Accounts of Spain. In addition, the authors analyze the goodness of these series and their performance in the estimation of regional aggregate productio...

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Bibliographic Details
Published inInvestigaciones regionales no. 10; p. 33
Main Authors Escribá, F Javier, Murgui, Ma José
Format Journal Article
LanguageSpanish
Published Madrid Investigaciones Regionales 01.01.2007
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Summary:In this work, the authors construct a database of regional technological capital, with the maximum disaggregation compatible with Official Regional Accounts of Spain. In addition, the authors analyze the goodness of these series and their performance in the estimation of regional aggregate production functions. In the estimations, both own technological capital and external capital are included. The results show reasonable estimated values of the output elasticities, which imply rates of return to technological capital much higher that to other types of capital.
ISSN:1695-7253
2340-2717