The Effect of Port Infrastructures on Regional Production

  • Pablo Coto-Millán
  • José Baños Pino
  • Ingrid Mateo-Mantecón
Part of the Contributions to Economics book series (CE)


This study highlights the impact that investment in a project to expand the Port of Santander would have, and the effects of this investment on economic growth and employment in Cantabria. To this end a methodology based on estimating an aggregate production function has been used which, by applying econometric techniques of cointegration, detects a stable relationship between the regional output, employment, human capital, the supply of private capital and the port infrastructure. This approach measures the magnitude of the effects of an increase in the capital endowment of the port on private production, being complementary to results obtained using other economic research tools, such as input–output studies or social assessment projects through cost-benefit analysis.


Human Capital Unit Root Public Investment Error Correction Model Data Generate Process 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer-Verlag Berlin Heidelberg 2010

Authors and Affiliations

  • Pablo Coto-Millán
    • 1
  • José Baños Pino
    • 2
  • Ingrid Mateo-Mantecón
    • 1
  1. 1.University of CantabriaSantanderSpain
  2. 2.University of OviedoOviedoSpain

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