Sobre las estimaciones econométricas de las necesidades de gasto autonómicas: ¿son suficientemente robustas?

Santiago Lago Peñas () and Alberto Vaquero García
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Santiago Lago Peñas: Universidade de Vigo
Authors registered in the RePEc Author Service: Santiago Lago-Peñas

INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, 2023, issue 56, 139-159

Abstract: The aim of this paper is to identify and quantify econometrically the determinants of the spending needs of the Autonomous Communities. The combination of individual fixed effects that capture unobservable inter-territorial differences in spending preferences or efficiency, on the one hand, with expenditure determinants of low variability, on the other poses problems for traditional estimators. To overcome this limitation, alternative econometric specifications and estimators are explored. The results show that the estimated coefficients and their significance change substantially, not being able to guarantee the necessary robustness to sustain an adequate political discussion. Therefore, it is necessary to bet on other strategies for empirical work that allow us to the spending preferences of the Autonomous Communities.

Keywords: Regional spending; preferences; inter-territorial differences; individual effects (search for similar items in EconPapers)
JEL-codes: H72 H73 (search for similar items in EconPapers)
Date: 2023
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Related works:
Working Paper: Sobre las estimaciones econometricas de las necesidades de gasto autonomicas: ¿son suficientemente robustas? (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:invreg:0511

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