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Zur Politischen Ökonomie öffentlicher Infrastrukturausgaben*

Andreas Stephan

Perspektiven der Wirtschaftspolitik, 2007, vol. 8, issue S1, 116-132

Abstract: Abstract: This article reviews results from the literature on the political‐economy determinants of infrastructure investments. I discuss three criteria which may be applied to describe efficiency, redistribution and equity concerns of governments when using infrastructure investments as a means of regional policy. Using the planned investment figures of highway construction in the German federal states, I demonstrate that these criteria often lead to conflicting priorities regarding infrastructure investment allocation across regions. Finally, I summarize the findings of previous studies on the political factors that influence infrastructure investment decisions.

Date: 2007
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https://doi.org/10.1111/j.1468-2516.2007.00245.x

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Perspektiven der Wirtschaftspolitik is currently edited by Lars P. Feld, J¸rgen von Hagen, Bernd Rudolph and Achim Wambach

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