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Port facilities, regional spillovers and exports: Empirical evidence from S pain
Author(s) -
MárquezRamos Laura
Publication year - 2016
Publication title -
papers in regional science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.937
H-Index - 64
eISSN - 1435-5957
pISSN - 1056-8190
DOI - 10.1111/pirs.12127
Subject(s) - port (circuit theory) , gravity model of trade , construct (python library) , business , empirical evidence , quality (philosophy) , economic geography , economics , industrial organization , international trade , computer science , engineering , philosophy , epistemology , electrical engineering , programming language
This paper analyses whether regions benefit from their neighbours' transport facilities. We focus on ports and estimate a gravity model of trade that includes port facilities indicators as explanatory variables. The model is estimated by using exports from 19 Spanish regions to 45 countries from 2000 onwards. To test for the existence of regional spillovers, we construct a weight matrix that takes into account the relative importance of the neighbouring ports, as well as the quality of port infrastructure in destination countries. The findings suggest that regional spillovers play a larger role than port facilities themselves in the growth of Spanish exports.