Is the Allocation of Public Capital Across the Spanish Regions too Redistributive?
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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- Ramon Caminal, 2003.
"Personal Redistribution and the Regional Allocation of Public Investment,"
5, Barcelona Graduate School of Economics.
- 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.
- Ramon Caminal, 2002. "Personal redistribution and the regional allocation of public investment," UFAE and IAE Working Papers 526.02, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Caminal, Ramon, 2000. "Personal Redistribution and the Regional Allocation of Public Investment," CEPR Discussion Papers 2627, C.E.P.R. Discussion Papers.
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