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Czy konkurencja determinuje wielkość inwestycji gmin miejskich w Polsce?

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  • Bukowska, Grażyna
  • Siwińska, Joanna

Abstract

In this paper, we study the influence of political and local competition on public investment expenditures. Using panel data for 304 Polish cities over the 2002–2014 period, we estimate the determinants of public infrastructure investment. The estimations show that both political competition and fiscal decentralization matter for public investment spending. A significant negative correlation was found between investment per capita (the proportion of investment in total expenditure) and the level of political competition measured by the Herfindahl-Hirschman Index (HHI). A decrease in the intensity of competition results in greater public investment per capita, while fiscal decentralization increases the share of public funds allocated for investment.

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  • Bukowska, Grażyna & Siwińska, Joanna, 2016. "Czy konkurencja determinuje wielkość inwestycji gmin miejskich w Polsce?," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2016(6), December.
  • Handle: RePEc:ags:polgne:359110
    DOI: 10.22004/ag.econ.359110
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    Keywords

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    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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