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Is the Allocation of Public Capital Across the Spanish Regions too Redistributive?

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  • de la Fuente, Angel

Abstract

This Paper compares the observed distribution of the stock of infrastructures across the Spanish regions with the optimal allocation derived from a planning problem in which the observed degree of ex-post redistribution is taken as given. The results suggest that Spanish public investment policy has been too redistributive.

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Bibliographic Info

Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 3138.

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Date of creation: Jan 2002
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Handle: RePEc:cpr:ceprdp:3138

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Keywords: Infrastructure; regional policy; Spain;

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References

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  1. Caminal, Ramon, 2004. "Personal redistribution and the regional allocation of public investment," Regional Science and Urban Economics, Elsevier, vol. 34(1), pages 55-69, January.
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Cited by:
  1. de la Fuente, Angel, 2002. "The Effect of Structural Fund Spending on the Spanish Regions: An Assessment of the 1994-99 Objective 1 CSF," CEPR Discussion Papers 3673, C.E.P.R. Discussion Papers.
  2. Ramon Caminal, 2003. "Personal Redistribution and the Regional Allocation of Public Investment," Working Papers 5, Barcelona Graduate School of Economics.
  3. Oscar Bajo-Rubio & Carmen Díaz-Roldán, . "Optimal endowments of public capital: An empirical analysis for the Spanish regions," Studies on the Spanish Economy 183, FEDEA.
  4. Jaime Alonso-Carrera & Maria Jesus Freire-Seren & Baltasar Manzano, 2008. "Macroeconomic Effects From The Regional Allocation Of Public Capital Formation," CAMA Working Papers 2008-09, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  5. Joan Rosselló, 2003. "Regional redistribution and growth," Investigaciones Economicas, Fundación SEPI, vol. 27(2), pages 369-392, May.
  6. Carmela Martín & Ismael Sanz, 2003. "Consequences of enlargement for European Regional Policy: the spanish viewpoint," European Economy Group Working Papers 27, European Economy Group.
  7. Marta Ferreira Dias & Ricardo Silva, 2004. "Central Government Transfers and Regional Convergence in Portugal," ERSA conference papers ersa04p443, European Regional Science Association.
  8. Salinas-Jimenez, M. del Mar, 2004. "Public infrastructure and private productivity in the Spanish regions," Journal of Policy Modeling, Elsevier, vol. 26(1), pages 47-64, January.
  9. Alonso-Carrera, Jaime & Freire-Serén, María Jesús & Manzano, Baltasar, 2009. "Macroeconomic effects of the regional allocation of public capital formation," Regional Science and Urban Economics, Elsevier, vol. 39(5), pages 563-574, September.

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