Economics at your fingertips  

How are Investments Allocated in a Publicly Owned Port System? Political Factors versus Economic Criteria

José I. Castillo-Manzano and Xavier Fageda

Regional Studies, 2014, vol. 48, issue 7, 1279-1294

Abstract: Castillo-Manzano J. I. and Fageda X. How are investments allocated in a publicly owned port system? Political factors versus economic criteria, Regional Studies . This paper estimates the determinants of investments in port infrastructure in the Spanish regions made by the central administration. It is found that the use of the infrastructure in relation to capacity has some influence on the amount of investment received by a region. Furthermore, specialization in containers is also relevant for receiving more resources. However, it is found that when greater political decentralization does not go hand in hand with greater financial decentralization, the importance of tactical political aspects increases. Overall, efficiency plays a more relevant role in the regional allocation of investments in ports than in other transport infrastructures.

Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This journal article can be ordered from

DOI: 10.1080/00343404.2012.699192

Access Statistics for this article

Regional Studies is currently edited by Ivan Turok

More articles in Regional Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

Page updated 2021-06-06
Handle: RePEc:taf:regstd:v:48:y:2014:i:7:p:1279-1294