Telecommunications Policies: Determinants and Impact

Jordi Gual () and Francesc Trillas ()
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Jordi Gual: IESE Business School
Francesc Trillas: Institut d'Economia de Barcelona (IEB); Universitat Autònoma de Barcelona (UAB)

No 2003/2, Working Papers from Institut d'Economia de Barcelona (IEB)

Abstract: This paper looks for empirical evidence on spillovers occurring between central cities and their suburbs, both on the fiscal side and on the growth of population and output. To test these hypotheses we specify a dynamic model with population and output both in the central city and in the suburbs as endogenous variables and with fiscal variables in the central city and in the suburbs as covariates. The model is estimated with a panel of data of twenty-eight metropolitan areas in Spain for the period 1992-2001.The main findings are that the capital stock in the central city promotes growth both in the city and in the suburbs. Also, higher growth in the central city translates into higher long run growth in the suburbs. These results are indicative of the potential welfare gains of both, concentrating financial resources in the central city, and of the implementation of existing proposals of metropolitan consolidation.

Keywords: Institutions; Liberalization; Telecommunications (search for similar items in EconPapers)
JEL-codes: F21 L32 L96 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2003
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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