Government policy and industrial investment determinants in Spanish regions

被引：11
|
作者：
Javier Escriba, F. [1 ]
Jose Murgui, Ma. [1 ]
机构：
[1] Fac Econ, Dept Anal Econ, Valencia 46022, Spain
来源：
REGIONAL SCIENCE AND URBAN ECONOMICS | 2009年 / 39卷 / 04期
关键词：
Panel data; Industrial investment; Government policies; Regions; FOREIGN DIRECT-INVESTMENT; PUBLIC INFRASTRUCTURE; PANEL-DATA; LOCATION; AGGLOMERATION; MODELS;
D O I：
10.1016/j.regsciurbeco.2009.02.005
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The aim of this paper is to analyse the effect of public policies on private industrial investment in Spanish regions by means of a dynamic panel regression model with data collected from 1980 to 2000. We derive and estimate a Euler investment equation that accounts for the influence of both technological and human capital and public infrastructure, which may affect regional efficiency and, therefore, industrial investment. Our results indicate that investment has been sensitive to public infrastructure, particularly in the 1980s, while the effect of human capital was felt throughout the period. Published by Elsevier B.V.
引用
收藏
页码：479 / 488
页数：10
相关论文
共 50 条
  • [21] FOREIGN DIRECT INVESTMENT: LOCALIZATION AND INSTITUTIONAL DETERMINANTS
    Leitao, Nuno Carlos
    MANAGEMENT RESEARCH AND PRACTICE, 2011, 3 (02): : 1 - 6
  • [22] Corruption as a Moderator in the Relationship between E-Government and Inward Foreign Direct Investment
    Kim, Keunwoo
    An, Jaehyung
    SUSTAINABILITY, 2022, 14 (09)
  • [23] Determinants of foreign direct investment inflow to the agricultural sector: a panel-data analysis
    Zeytoonnejad Mousavian, Seyed Reza
    Mirdamadi, Seyyed Mehdi
    Farajallah Hosseini, Seyed Jamal
    Omidi NajafAbadi, Maryam
    JOURNAL OF ECONOMIC AND ADMINISTRATIVE SCIENCES, 2023, 39 (03) : 709 - 729
  • [24] The effectiveness of public infrastructure investment: an overview for the Spanish economy and its regions
    Bosca, J. E.
    Escriba, J.
    Murgui, M. J.
    INVESTIGACIONES REGIONALES-JOURNAL OF REGIONAL RESEARCH, 2011, (20) : 195 - 217
  • [25] On the drivers of UK direct investment in the Spanish regions: A spatial Durbin approach
    Maza, Adolfo
    Gutierrez-Portilla, Paula
    Villaverde, Jose
    GROWTH AND CHANGE, 2020, 51 (02) : 646 - 675
  • [26] A comparative analysis of the effective and potential foreign direct investment of the Spanish regions
    Rodriguez Gonzalez, Carlos
    REVISTA DE ESTUDIOS REGIONALES, 2005, (73) : 13 - 41
  • [27] Central government's infrastructure investment across Chinese regions: A dynamic spatial panel data approach
    Zheng, Xinye
    Li, Fanghua
    Song, Shunfeng
    Yu, Yihua
    CHINA ECONOMIC REVIEW, 2013, 27 : 264 - 276
  • [28] Foreign direct investment in Spain: Regional distribution and determinants
    Villaverde, Jose
    Maza, Adolfo
    INTERNATIONAL BUSINESS REVIEW, 2012, 21 (04) : 722 - 733
  • [29] Foreign direct investment and technical progress in Spanish manufacturing
    Rosell-Martinez, J.
    Sanchez-Sellero, P.
    APPLIED ECONOMICS, 2012, 44 (19) : 2473 - 2489
  • [30] The Determinants of Government Budgetary Implementation: Policy Analysis of the Israeli Case
    Rosenthal, Maoz
    Wolfson, Adam
    JOURNAL OF COMPARATIVE POLICY ANALYSIS, 2013, 15 (05): : 432 - 451
12345