Convergencia entre Andalucía y España: una aproximación a sus causas (1965-1995). ¿Afecta la inversión pública al crecimiento?

Javier Rodero Cosano, Diego Martínez and Rafaela Perez

No E2003/05, Economic Working Papers at Centro de Estudios Andaluces from Centro de Estudios Andaluces

Abstract: This paper explores issues regarding the regional convergence process. We study the per capita income of Andalusia compared with the remaining regions in Spain over period 1965-1995. Using a very simple growth model with public capital as a production factor, we show that infrastructure endowment is not the main cause of Andalusian relative lower income per capita, so we guess there is a small effect of public investment on growth. However, productive public spending could have played an important role in minimizing the inefficiencies yielded by a non-competitive labour market.

Keywords: Economic growth; infrastructures; unemployment. (search for similar items in EconPapers)
JEL-codes: H54 R40 R53 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2003
New Economics Papers: this item is included in nep-geo and nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:cea:doctra:e2003_05

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