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
复制标题
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
复制
发表时间:
2016
期刊:
影响因子:
--
通讯作者:
R. Sickles
中科院分区:
文献类型:
--
作者:
Jaepil Han;Deockhyun Ryu;R. Sickles
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.
影响因子:
5.3
作者:
Bom, Pedro R. D.;Ligthart, Jenny E.
通讯作者:
Ligthart, Jenny E.