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Unbundling Political and Economic Rationality: a Non-Parametric Approach Tested on Spain

Listed author(s):
  • Salvador Bertomeu
  • Antonio Estache

The paper suggests a method to distinguish between various possible motivations (e.g. political vs economic) underlying policy implementation such as public investments. The true motivation can be revealed by modelling each policy goal, as the focus of the optimization anchoring a data envelopment analysis of the efficiency of the observed implementation. The approach is tested on Spain's land transport infrastructure policy since it is argued by many observers to be driven more by political than economic concerns. The method clearly shows that investments have generally been more consistent with a political objective (the centralization of economic power) than with an economic objective (maximizing mobility).

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File URL: https://dipot.ulb.ac.be/dspace/bitstream/2013/228940/3/2016-17-BERTOMEU_ESTACHE-unbundling.pdf
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Paper provided by ULB -- Universite Libre de Bruxelles in its series Working Papers ECARES with number ECARES 2016-17.

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Length: 35 p.
Date of creation: Mar 2016
Publication status: Published by:
Handle: RePEc:eca:wpaper:2013/228940
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Web page: http://difusion.ulb.ac.be

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