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Regional allocation of public infrastructure investment: The case of Greece
Lambrinidis M., Psycharis Y. and Rovolis A. (2005) Regional allocation of public infrastructure investment: the case of Greece, Regional Studies 39 , 1231–1244. This paper develops a model on the determinants of the regional allocation of public infrastructure investment and applies it to Greece for 1982–94 using panel methods of estimation. The principal conclusions are that regional allocations of infrastructure investment (1) were negatively associated with regional product per capita as well as with population size and population density, (2) were positively associated with the existing stock of infrastructure capital as well as with the share of agriculture in regional Gross Domestic Product, and (3) were increased across prefectures in years preceding national elections. These results are related to national and European regional policy.
Regional allocation of public infrastructure investment: The case of Greece
Lambrinidis M., Psycharis Y. and Rovolis A. (2005) Regional allocation of public infrastructure investment: the case of Greece, Regional Studies 39 , 1231–1244. This paper develops a model on the determinants of the regional allocation of public infrastructure investment and applies it to Greece for 1982–94 using panel methods of estimation. The principal conclusions are that regional allocations of infrastructure investment (1) were negatively associated with regional product per capita as well as with population size and population density, (2) were positively associated with the existing stock of infrastructure capital as well as with the share of agriculture in regional Gross Domestic Product, and (3) were increased across prefectures in years preceding national elections. These results are related to national and European regional policy.
Regional allocation of public infrastructure investment: The case of Greece
Lambrinidis, Matthew (author) / Psycharis, Yannis (author) / Rovolis, Antonis (author)
Regional Studies ; 39 ; 1231-1244
2005-12-01
14 pages
Article (Journal)
Electronic Resource
Unknown
Infrastructure , Public investment , Regional economics , Regional policy , Political business cycle , Equipement , Investissement collectif , Economie régionale , Politique régionale , Cycle économique politique , Infrastruktur , Öffentliche Investierungen , Regionalwirtschaft , Regionalpolitik , Politischer Geschäftszyklus , Infraestructura , Inversión pública , Economía regional , Política regional , Ciclo político de empresas , JEL classifications: H54, R53, R58
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