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Transportation infrastructure and productivity: evidence from Colombia

dc.contributor.authorCárdenas, Mauricioes
dc.contributor.authorSandoval, Carlos Eduardoes
dc.coverage.spatialColombiaes
dc.date.accessioned2014-10-15T20:04:11Z
dc.date.available2014-10-15T20:04:11Z
dc.date.issued2008es
dc.identifier.citationCárdenas, M., & Sandoval, C. E. (2008). Transportation infrastructure and productivity: evidence from Colombia. CAF Working paper, 2008/01, Caracas: CAF. Retrieved from https://scioteca.caf.com/handle/123456789/205en
dc.identifier.urihttps://scioteca.caf.com/handle/123456789/205
dc.description.tableofcontentsThis paper analyses the role of transport infrastructure in determining plant level TFP. We calculate TFP from the annual manufacturing surveys using accounting and econometric procedures. We find that differential access to transportation infrastructure is an important determinant of TFP at the plant level. In particular, growth in road density (kilometers of roads around the plant) has a positive impact on TFP growth, while growth in congestion (traffic per day) is negatively related to TFP growth. After correcting for potential endogeneity, our estimates suggest that the elasticity of TFP with respect to the stock of roads is approximately one. In addition, we analyze the effect of infrastructure on the level and of dispersion of TFP and find that markets with better infrastructure are also more contested. This means that TFP across plants shows less dispersion and higher minimum and median values. In other words, only the more efficient producers survive, suggesting a possible channel trough which infrastructure contributes to the overall efficiency of the economy.en
dc.language.isoenges
dc.publisherCAFes
dc.relation.ispartofseriesCAF Working paper, 2008/01es
dc.rightsCC-BY-NCes_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc/4.0/es_ES
dc.subjectTransportees
dc.subjectInfraestructuraes
dc.subjectInvestigación socioeconómicaes
dc.subjectProductividades
dc.titleTransportation infrastructure and productivity: evidence from Colombiaes
dc.typeworkingPaperes
dc.publisher.cityCaracases


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