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Comparative political economy of regional transport infrastructure investment in Europe
Central European University, Hungary.
Jönköping University, Sweden.ORCID iD: 0000-0001-5776-9396
2015 (English)In: Journal of comparative economics (Print), ISSN 0147-5967, E-ISSN 1095-7227, Vol. 43, no 1, p. 227-239Article in journal (Refereed) Published
Abstract [en]

We study the role of political institutions in the regional allocation of public infrastructure investments in France, Germany, Italy, and Spain. We estimate the regional variation in the allocation for each country, controlling for the potential endogeneity of its impact on growth and distribution. We compare the importance of political institutions, federalism and the electoral system, with the normative criteria, efficiency, redistribution and equality. We find that on the macro-level there is some evidence that different national institutions do indeed shape political competition, but that partisan politics and, in particular, normative principles are overall more influential across all types of political systems.

Place, publisher, year, edition, pages
Elsevier, 2015. Vol. 43, no 1, p. 227-239
Keywords [en]
Regional allocation, Political economy, Fiscal federalism, Transport infrastructure, Economics, Nationalekonomi
National Category
Economics
Research subject
Economy, Economics
Identifiers
URN: urn:nbn:se:lnu:diva-107969DOI: 10.1016/j.jce.2013.08.002OAI: oai:DiVA.org:lnu-107969DiVA, id: diva2:1611193
Available from: 2021-11-13 Created: 2021-11-13 Last updated: 2021-11-26Bibliographically approved

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Stephan, Andreas

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  • apa
  • ieee
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  • de-DE
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  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
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Output format
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  • text
  • asciidoc
  • rtf