English, Article, Journal or magazine article edition: Convergencia entre Andalucía y España: una aproximación a sus causas (1965-1995). ¿Afecta la inversión pública al crecimiento? Javier Rodero Cosano; Diego Martínez López; Rafaela Pérez Sánchez

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Bookmark: http://trove.nla.gov.au/version/160314
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Convergencia entre Andalucía y España: una aproximación a sus causas (1965-1995). ¿Afecta la inversión pública al crecimiento?
Author
  • Javier Rodero Cosano
  • Diego Martínez López
  • Rafaela Pérez Sánchez
Physical Description
  • preprint
Notes
  • 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.
  • Economic growth, infrastructures, unemployment.
  • RePEc:cea:doctra:e2003_05
Language
  • English
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