![Sample our Built Environment journals, sign in here to start your access, Latest two full volumes FREE to you for 14 days]({"type":"image" , "src" : "/sda/5926/TOC-Subject-Sample-2021-Built-Environment.jpg"})
Lambrinidis M., Psycharis Y. and Rovolis A. (2005) Regional allocation of public infrastructure investment: the case of Greece, Regional Studies 39 , 1231–1244. This paper develops a model on the determinants of the regional allocation of public infrastructure investment and applies it to Greece for 1982–94 using panel methods of estimation. The principal conclusions are that regional allocations of infrastructure investment (1) were negatively associated with regional product per capita as well as with population size and population density, (2) were positively associated with the existing stock of infrastructure capital as well as with the share of agriculture in regional Gross Domestic Product, and (3) were increased across prefectures in years preceding national elections. These results are related to national and European regional policy.
Keywords:
- Infrastructure
- Public investment
- Regional economics
- Regional policy
- Political business cycle
- Equipement
- Investissement collectif
- Economie régionale
- Politique régionale
- Cycle économique politique
- Infrastruktur
- Öffentliche Investierungen
- Regionalwirtschaft
- Regionalpolitik
- Politischer Geschäftszyklus
- Infraestructura
- Inversión pública
- Economía regional
- Política regional
- Ciclo político de empresas
- JEL classifications: H54, R53, R58
