Citation

Discussion Paper Details

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

Author(s): Angel de la Fuente

Publication Date: January 2002

Keyword(s): Infrastructure, regional policy and Spain

Programme Area(s): International Macroeconomics

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 Reference

de la Fuente, A. 2002. 'Is the Allocation of Public Capital Across the Spanish Regions too Redistributive?'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=3138