Public infrastructure and its imPortance for economic growth: the case of oaxaca (Mexico)

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Bibliographic Details
Main Author:	Luis Enrique Rojas-Ramírez
Format:	Artículo científico
Language:	en
Published:	Universidad EAFIT 2018
Subjects:	Economía y Finanzas Panel data infrastructure regional economic growth
Online Access:	Acceder al recurso 1 Acceder al recurso 2 Acceder al recurso 3 Acceder al recurso 4 Acceder al recurso 5
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author	Luis Enrique Rojas-Ramírez
author_facet	Luis Enrique Rojas-Ramírez
contents	Public infrastructure and its imPortance for economic growth: the case of oaxaca (Mexico) Luis Enrique Rojas-Ramírez Alejandro Molina-Vargas Economía y Finanzas Panel data infrastructure regional economic growth The objective of this paper is to estimate the impact of public infrastructure on economic growth in the eight regions of Oaxaca for the period 2003-2013. Given that regional statistics are lacking, the methodology proposed by Gerber (2003) is used to calculate the economic growth of the regions. And to measure the impact of infrastructure on growth, based on Hoechle (2007) a fixed-effects model with standard errors of Driscoll and Kraay (DKSE) is applied. The results indicate that investment in infrastructure has been insufficient and misallocated; however, the social infrastructure shows the greatest impact on growth. Finally, the results suggest that the most dynamic regions require greater investment in economic infrastructure, while the backward regions need social infrastructure. 2018 artículo científico 1657-4206 https://www.redalyc.org/articulo.oa?id=329056089001 https://www.redalyc.org/journal/3290/329056089001/ https://www.redalyc.org/journal/3290/329056089001/html/ https://www.redalyc.org/journal/3290/329056089001/329056089001.epub https://www.redalyc.org/journal/3290/329056089001/movil 10.17230/ecos.2018.46.1 en http://www.redalyc.org/revista.oa?id=3290 Ecos de Economía application/pdf Universidad EAFIT Ecos de Economía (Colombia) Num.46 Vol.22
format	Artículo científico
id	redalyc_329056089001
language	en
publishDate	2018
publisher	Universidad EAFIT
spellingShingle	Public infrastructure and its imPortance for economic growth: the case of oaxaca (Mexico) Luis Enrique Rojas-Ramírez Economía y Finanzas Panel data infrastructure regional economic growth Public infrastructure and its imPortance for economic growth: the case of oaxaca (Mexico) Luis Enrique Rojas-Ramírez Alejandro Molina-Vargas Economía y Finanzas Panel data infrastructure regional economic growth The objective of this paper is to estimate the impact of public infrastructure on economic growth in the eight regions of Oaxaca for the period 2003-2013. Given that regional statistics are lacking, the methodology proposed by Gerber (2003) is used to calculate the economic growth of the regions. And to measure the impact of infrastructure on growth, based on Hoechle (2007) a fixed-effects model with standard errors of Driscoll and Kraay (DKSE) is applied. The results indicate that investment in infrastructure has been insufficient and misallocated; however, the social infrastructure shows the greatest impact on growth. Finally, the results suggest that the most dynamic regions require greater investment in economic infrastructure, while the backward regions need social infrastructure. 2018 artículo científico 1657-4206 https://www.redalyc.org/articulo.oa?id=329056089001 https://www.redalyc.org/journal/3290/329056089001/ https://www.redalyc.org/journal/3290/329056089001/html/ https://www.redalyc.org/journal/3290/329056089001/329056089001.epub https://www.redalyc.org/journal/3290/329056089001/movil 10.17230/ecos.2018.46.1 en http://www.redalyc.org/revista.oa?id=3290 Ecos de Economía application/pdf Universidad EAFIT Ecos de Economía (Colombia) Num.46 Vol.22
title	Public infrastructure and its imPortance for economic growth: the case of oaxaca (Mexico)
topic	Economía y Finanzas Panel data infrastructure regional economic growth
url	https://www.redalyc.org/articulo.oa?id=329056089001 https://www.redalyc.org/journal/3290/329056089001/ https://www.redalyc.org/journal/3290/329056089001/html/ https://www.redalyc.org/journal/3290/329056089001/329056089001.epub https://www.redalyc.org/journal/3290/329056089001/movil

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