A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth

A translog production function and an extended translog production function with third-order terms are estimated for the 50 Spanish provinces in the period 1985–2006. The results show the existence of comple- mentarity relationships between private physical and human capital. Likewise, they show the...

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Autores: Pablo-Romero Gil-Delgado, María del Populo, Gómez-Calero Valdés, M. Palma
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2013
País:España
Institución:Universidad de Sevilla (US)
Repositorio:idUS. Depósito de Investigación de la Universidad de Sevilla
OAI Identifier:oai:idus.us.es:11441/152201
Acceso en línea:https://hdl.handle.net/11441/152201
https://doi.org/10.1016/j.econmod.2013.01.040
Access Level:acceso abierto
Palabra clave:Translog function
Complementarity between factors
Human capital
Private physical capital
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spelling A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growthPablo-Romero Gil-Delgado, María del PopuloGómez-Calero Valdés, M. PalmaTranslog functionComplementarity between factorsHuman capitalPrivate physical capitalA translog production function and an extended translog production function with third-order terms are estimated for the 50 Spanish provinces in the period 1985–2006. The results show the existence of comple- mentarity relationships between private physical and human capital. Likewise, they show the existence of decreasing returns of private physical and human capital. However, the direction of the decreasing returns of private physical capital is reversed for a high endowment level of this factor. These results suggest the importance of capitalizing the Spanish economy, since it would increase the effect of human capital upon productivity and may also generate positive externalities.Elsevier ScienceAnálisis Económico y Economía Política2013info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://hdl.handle.net/11441/152201https://doi.org/10.1016/j.econmod.2013.01.040reponame:idUS. Depósito de Investigación de la Universidad de Sevillainstname:Universidad de Sevilla (US)InglésEconomic Modelling, 32, 77-87.https://doi.org/10.1016/j.econmod.2013.01.040info:eu-repo/semantics/openAccessoai:idus.us.es:11441/1522012026-06-17T12:51:07Z
dc.title.none.fl_str_mv A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth
title A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth
spellingShingle A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth
Pablo-Romero Gil-Delgado, María del Populo
Translog function
Complementarity between factors
Human capital
Private physical capital
title_short A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth
title_full A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth
title_fullStr A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth
title_full_unstemmed A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth
title_sort A translog production function for the Spanish provinces: Impact of the human and physical capital in economic growth
dc.creator.none.fl_str_mv Pablo-Romero Gil-Delgado, María del Populo
Gómez-Calero Valdés, M. Palma
author Pablo-Romero Gil-Delgado, María del Populo
author_facet Pablo-Romero Gil-Delgado, María del Populo
Gómez-Calero Valdés, M. Palma
author_role author
author2 Gómez-Calero Valdés, M. Palma
author2_role author
dc.contributor.none.fl_str_mv Análisis Económico y Economía Política
dc.subject.none.fl_str_mv Translog function
Complementarity between factors
Human capital
Private physical capital
topic Translog function
Complementarity between factors
Human capital
Private physical capital
description A translog production function and an extended translog production function with third-order terms are estimated for the 50 Spanish provinces in the period 1985–2006. The results show the existence of comple- mentarity relationships between private physical and human capital. Likewise, they show the existence of decreasing returns of private physical and human capital. However, the direction of the decreasing returns of private physical capital is reversed for a high endowment level of this factor. These results suggest the importance of capitalizing the Spanish economy, since it would increase the effect of human capital upon productivity and may also generate positive externalities.
publishDate 2013
dc.date.none.fl_str_mv 2013
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://hdl.handle.net/11441/152201
https://doi.org/10.1016/j.econmod.2013.01.040
url https://hdl.handle.net/11441/152201
https://doi.org/10.1016/j.econmod.2013.01.040
dc.language.none.fl_str_mv Inglés
language_invalid_str_mv Inglés
dc.relation.none.fl_str_mv Economic Modelling, 32, 77-87.
https://doi.org/10.1016/j.econmod.2013.01.040
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Elsevier Science
publisher.none.fl_str_mv Elsevier Science
dc.source.none.fl_str_mv reponame:idUS. Depósito de Investigación de la Universidad de Sevilla
instname:Universidad de Sevilla (US)
instname_str Universidad de Sevilla (US)
reponame_str idUS. Depósito de Investigación de la Universidad de Sevilla
collection idUS. Depósito de Investigación de la Universidad de Sevilla
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15.300719

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