000110718 001__ 110718
000110718 005__ 20230519145614.0
000110718 0247_ $$2doi$$a10.1080/15140326.2021.1926188
000110718 0248_ $$2sideral$$a127352
000110718 037__ $$aART-2021-127352
000110718 041__ $$aeng
000110718 100__ $$0(orcid)0000-0002-5525-4556$$aZárate Marco, A.$$uUniversidad de Zaragoza
000110718 245__ $$aThe interdependence of investment by different levels of government in a federal context
000110718 260__ $$c2021
000110718 5060_ $$aAccess copy available to the general public$$fUnrestricted
000110718 5203_ $$aWe use the Stochastic Frontier Approach to analyse for the first time the regions’ investment response to the central and local governments’ capital expenditure. The Spanish context is very interesting for this analysis because responsibilities are distributed between the three levels of government in a very interesting dual way: the distribution of spending responsibilities between central and regional governments corresponds to an exclusionary attribution of functions, while between regional and local levels, governments opt for cooperation. Results show that capital expenditure undertaken by the central government in the regions acts as substitute for regional investment, while capital expenditure by local governments appears to complement it. These results should be taken into account by public administrations when designing the distribution of responsibilities between different levels of government and their economic policy aims.
000110718 536__ $$9info:eu-repo/grantAgreement/ES/MINECO-FEDER/RTI2018-095799-B-I00
000110718 540__ $$9info:eu-repo/semantics/openAccess$$aby$$uhttp://creativecommons.org/licenses/by/3.0/es/
000110718 590__ $$a1.809$$b2021
000110718 592__ $$a0.483$$b2021
000110718 594__ $$a2.0$$b2021
000110718 591__ $$aECONOMICS$$b222 / 382 = 0.581$$c2021$$dQ3$$eT2
000110718 593__ $$aEconomics, Econometrics and Finance (miscellaneous)$$c2021$$dQ2
000110718 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion
000110718 700__ $$0(orcid)0000-0002-2542-4956$$aVallés Giménez, J.$$uUniversidad de Zaragoza
000110718 7102_ $$14014$$2225$$aUniversidad de Zaragoza$$bDpto. Economía Aplicada$$cÁrea Economía Aplicada
000110718 773__ $$g24, 1 (2021), 219-240$$pJ. appl. econ.$$tJournal of Applied Economics$$x1514-0326
000110718 8564_ $$s1067679$$uhttps://zaguan.unizar.es/record/110718/files/texto_completo.pdf$$yVersión publicada
000110718 8564_ $$s937997$$uhttps://zaguan.unizar.es/record/110718/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada
000110718 909CO $$ooai:zaguan.unizar.es:110718$$particulos$$pdriver
000110718 951__ $$a2023-05-18-16:09:54
000110718 980__ $$aARTICLE