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Convergencia entre Andalucía y España: una aproximación a sus causas (1965-1995). ¿Afecta la inversión pública al crecimiento?

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Abstract

This paper explores issues regarding the regional convergence process. We study the per capita income of Andalusia compared with the remaining regions in Spain over period 1965-1995. Using a very simple growth model with public capital as a production factor, we show that infrastructure endowment is not the main cause of Andalusian relative lower income per capita, so we guess there is a small effect of public investment on growth. However, productive public spending could have played an important role in minimizing the inefficiencies yielded by a non-competitive labour market.

Suggested Citation

  • Javier Rodero Cosano & Diego Martínez López & Rafaela Pérez Sánchez, 2003. "Convergencia entre Andalucía y España: una aproximación a sus causas (1965-1995). ¿Afecta la inversión pública al crecimiento?," Economic Working Papers at Centro de Estudios Andaluces E2003/05, Centro de Estudios Andaluces.
    • Handle: RePEc:cea:doctra:e2003_05
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    Keywords

    Economic growth; infrastructures; unemployment.;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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