The effectiveness of public infrastructure investment: an overview for the Spanish economy and its regions

José Boscá, J. Escribá () and M. J. Murgui ()
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J. Escribá: Universidad de Valencia
M. J. Murgui: Universidad de Valencia

INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, 2011, issue 20, 195-217

Abstract: In this work we go through the economic literature that has quantifiedin the last years the macroeconomic effects of public infrastructures at theregional level. The paper offers, from the point of view of the authors, a review ofthe most significant contributions to the production function and cost function approaches.In the analysis we put the emphasis on results obtained for the Spanisheconomy. Likewise, the conclusions are entirely devoted to extract recommendations,that should be taken in mind, when designing public investment policies ofinfrastructure endowment in Spain.

Keywords: infrastructure; regions; production functions; duality (search for similar items in EconPapers)
JEL-codes: E23 H50 H54 R58 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ris:invreg:0049

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