Spillover Effects of Public Capital Stock Using Spatial Frontier Analyses: A First Look at the Data

Spillover Effects of Public Capital Stock Using Spatial Frontier Analyses: A First Look at the Data
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使用空间前沿分析的公共资本存量的溢出效应:数据初探

DOI:
10.1007/978-3-319-23228-7_5
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发表时间:
2016
期刊:
--
影响因子:
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通讯作者:
R. Sickles
R. Sickles
中科院分区:
--
文献类型:
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作者:
Jaepil Han;Deockhyun Ryu;R. Sickles

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本文旨在探讨公共资本存量的溢出效应在一个生产函数模型,占空间依赖。虽然有一些研究估计了公共资本存量的产出弹性,但这些研究未能细化公共资本存量的产出弹性,也未能解释存在这种空间依赖性时公共资本存量对生产效率的溢出效应。为此,我们采用了空间自回归随机前沿模型和分析估计随时间变化的空间权重矩阵。利用1960 - 2001年21个OECD国家的数据,我们发现溢出效应可以是一个重要的因素,可以解释各国技术效率的变化,以及在传统的生产函数方法的公共资本存量的产出弹性的不同水平之间的差异。
This paper aims to investigate spillover effects of public capital stock in a production function model that accounts for spatial dependencies. Although there are a number of studies that estimate the output elasticity of public capital stock, they suffer from a failure to refine the output elasticity of public capital stock as well as to account for spillover effects of the public capital stock on the production efficiency when such spatial dependencies exist. For this purpose we employ a spatial autoregressive stochastic frontier model and analyze estimates with a time-varying spatial weights matrix. Using data for 21 OECD countries from 1960 to 2001, we found that spillover effects can be an important factor explaining variations in technical inefficiency across countries as well as discrepancies among various levels of output elasticity of public capital stock in traditional production function approaches.
DOI: 10.1111/joes.12037
发表时间: 2014-12-01
影响因子: 5.3
作者:
Bom, Pedro R. D.;Ligthart, Jenny E.
通讯作者: Ligthart, Jenny E.