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Author:Cadot, O.
Röller, L.
Stephan, A.
Title:Contribution to productivity of pork barrel? The two faces of infrastructure investment
Journal:Journal of Public Economics
2006 : AUG, VOL. 90:6-7, p. 1133-1153
Index terms:growth
infrastructures
investments
political economy
transport
Language:eng
Abstract:This article examines investments in transport infrastructure under a political economy. The data is from France over the period 1985-1992. The results of the study suggest that electoral concerns and influence activities were significant factors in the cross-regional allocation of transport infrastructure investments. In addition, the results show little evidence of the maximization of economic returns when it comes to infrastructure expenditure.
SCIMA record nr: 261406
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