Utilize este identificador para referenciar este registo: http://hdl.handle.net/10400.1/4313
Título: Public investment in transportation infrastructures and regional asymmetries in Portugal
Autor: Pereira, Alfredo
Andraz, Jorge Miguel
Data: 2006
Editora: Springer Verlag
Citação: Pereira, Alfredo M.; Andraz, Jorge M.Public investment in transportation infrastructures and regional asymmetries in Portugal, The Annals of Regional Science, 40, 4, 803-817, 2006.
Resumo: The objective of this paper is to investigate the regional incidence of the effects of public investment in transportation infrastructures in Portugal. Our methodological approach consists of estimating vector autoregressive (VAR) models for the national economy as well as for each of the five administrative regions in the country. In the regional models, both public investment in transportation infrastructures in the region and public investment in transportation infrastructures elsewhere are considered, thereby taking into consideration the potential existence of regional spillovers. Empirical results suggest that although public investment in transportation infrastructures has been a powerful instrument to promote long-term growth, it does so in a way that is rather unbalanced across regions. We show that public investment in transportation infrastructures has markedly contributed to the concentration of economic activity in Lisbon, the largest region in the country, and therefore has contributed markedly to the macrocephaly of the country
Peer review: yes
URI: http://hdl.handle.net/10400.1/4313
ISSN: 0570-1864
Aparece nas colecções:FEC2-Artigos (em revistas ou actas indexadas)

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