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dc.contributor.authorKemmerling, Achimen_US
dc.contributor.authorStephan, Andreasen_US
dc.date.accessioned2011-04-13T09:39:13Z-
dc.date.available2011-04-13T09:39:13Z-
dc.date.issued2008en_US
dc.identifier.citationEIB Papers 0257-7755 13 2008 2 36-60en_US
dc.identifier.urihttp://hdl.handle.net/10419/44890-
dc.description.abstractWe study the determinants and productivity effects of regional transportation infrastructure investment in France, Germany, Italy, and Spain. We estimate productivity effects with regional production functions for each country controlling for the potential endogeneity of public infrastructure investment. In analyzing the determinants of public infrastructure investment two broad categories are considered: First, the normative principles such as efficiency, equity, and redistribution; and second, political factors such as electoral competition and electoral rents. The evidence shows that road infrastructure positively contributes to regional production. As to the determinants, efficiency and redistribution are consistently found to be the dominant norms while equity considerations appear to be less important. However, we find remarkable differences across countries regarding the political determinants. Which political factors matter for infrastructure investment is related to the different political systems of the various countries.en_US
dc.language.isoengen_US
dc.subject.ddc330en_US
dc.subject.stwVerkehrsinvestitionen_US
dc.subject.stwRegionale Verkehrspolitiken_US
dc.subject.stwRäumliche Verteilungen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwDeutschlanden_US
dc.subject.stwFrankreichen_US
dc.subject.stwSpanienen_US
dc.subject.stwItalienen_US
dc.titleThe politico-economic determinants and productivity effects of regional transport investment in Europeen_US
dc.typeArticleen_US
dc.identifier.ppn574947957en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:EIB Papers, European Investment Bank (EIB)

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