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• W2913879551 abstract "This paper proposes a simple theoretical framework to obtain a tractable equation that considers the traditional criteria for allocating public infrastructure investment and variables to capture decentralization. Panel data for the regions of Spain over the period 1986–2010 are used. Positive effects of fiscal and administrative decentralization on public investment in infrastructure are found. The results are strongly robust to different relative measures of public infrastructure investment, estimation methods and databases. Moreover, in line with recent theoretical literature, additional estimations suggest that such effects are bounded and there is no long-run relationship between decentralization and public infrastructure investment." @default.
• W2913879551 created "2019-02-21" @default.
• W2913879551 creator A5068519112 @default.
• W2913879551 date "2019-01-28" @default.
• W2913879551 modified "2023-10-16" @default.
• W2913879551 title "A new approach to test the effects of decentralization on public infrastructure investment" @default.
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• W2913879551 doi "https://doi.org/10.1080/00343404.2018.1538552" @default.
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