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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Year of publication:	2002-01
Authors:	de la Fuente, Angel
Institutions:	C.E.P.R. Discussion Papers
Subject:	Infrastructure \| regional policy \| Spain

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Extent:	application/pdf
Series:	CEPR Discussion Papers.
Type of publication:	Book / Working Paper
Notes:	Number 3138
Classification:	H54 - Infrastructures; Other Public Investment and Capital Stock
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005792256