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Erschienen in: The Annals of Regional Science 1/2006

01.03.2006 | Original Paper

Technological activity and productivity in the Spanish regions

verfasst von: Mercedes Gumbau-Albert, Joaquín Maudos

Erschienen in: The Annals of Regional Science | Ausgabe 1/2006

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Abstract

This paper analyses the importance of technological activities in explaining the differences in productivity among Spanish regions in the period 1986–1996. It quantifies the effect of the regions’ own technological innovation, and the externalities associated with technological capital, on regional development. The analysis is based on the estimation of production functions and an equation explaining total factor productivity. Although a positive significant effect is obtained at national level on a long-term horizon, the significance of the effect of technological activities on the productivity of the Spanish regions in the period 1987–1996 depends on the indicator used. However, the technological spillover effects between regions are always highly significant regardless of the indicator used.

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Fußnoten
1
See Diewert (1976), Jorgenson and Nishimizu (1978), Christensen et al. (1981), Hulten and Schwab (1993).
 
2
See Hulten and Schwab (1993)
 
3
However, in empirical applications the results are not usually sensitive to the rate of depreciation used.
 
4
See Barro and Sala-i-Martin (1992).
 
5
The INE does not offer the R&D expenditure of PNPIs for every year.
 
6
See the studies by Beneito (2001), Grandon and Rodríguez (1991) for the industrial sector, and Fernández and Polo (1997) and Crespo and Velázquez (1999) for the aggregate of the economy.
 
7
The INE has provided aggregate information at national level on R&D expenditure since 1964, except for the years 1965, 1966, 1968 and 1977. In these four years, the information has been estimated by interpolation.
 
8
The sources of information used are the INE’s National Accounts for production and the estimations by Fundación Bancaja (based in turn on the EPA) for employment and human capital.
 
9
Both these results and those next offered at regional level are estimated imposing the hypothesis of constant returns to scale, since it is not possible to reject this hypothesis. The results are available to interested readers.
 
10
The results obtained reveal that the analysis of the importance of technological activities in the explanation of productivity gains of the Spanish regions is sensitive to the technological change indicator used (R&D versus patents). In order to explain more in depth this result, it is interesting to carry out a principal components analysis of the two indicators with the purpose of including a single factor in the regression (we are thankful to one of the referees for this suggestion). The results show that the combination factor of the two variables of technological activity has no significant effect on productivity. However, the spillovers effects have a positive and statistically significant effect when the proxy variable of the spillovers effects is built using the distance between regions as a weight factor.
 
11
See in De la Fuente (2002) an analysis of the sources of convergence across the Spanish regions over the period 1964–1991.
 
12
The results remain the same when using employment (L) as a variable of reference for technological activities (denominator in expression 19) instead of GVA. Also, introducing the initial human capital as an explanatory variable of the labour productivity growth rate is not significant.
 
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Metadaten
Titel
Technological activity and productivity in the Spanish regions
verfasst von
Mercedes Gumbau-Albert
Joaquín Maudos
Publikationsdatum
01.03.2006
Verlag
Springer-Verlag
Erschienen in
The Annals of Regional Science / Ausgabe 1/2006
Print ISSN: 0570-1864
Elektronische ISSN: 1432-0592
DOI
https://doi.org/10.1007/s00168-005-0027-5

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