Public investment allocation across Ecuadorian Provinces

Henry Aray () and Janeth Pacheco-Delgado

Socio-Economic Planning Sciences, 2020, vol. 71, issue C

Abstract: We propose a theoretical framework which allows us to obtain a tractable equation for empirical implementation that relates the growth rate of public investment per capita by the central planner to variables typically associated with traditional public investment allocation criteria. Panel data for the Ecuadorian provinces over the period 2008–2015 are used. The results suggest that the central planner managed to deal with the traditional equity-efficiency trade-off, as well as the decongestion of some public services such as public transport and education. Additional evidence was also found that might raise suspicions regarding distributive politics.

Keywords: Public investment; Equity-efficiency trade-off; Political factors; Ecuador (search for similar items in EconPapers)
JEL-codes: H54 R58 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:soceps:v:71:y:2020:i:c:s0038012119302605

DOI: 10.1016/j.seps.2020.100830

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