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Preventing competition because of “solidarity”: Rhetoric and reality of airport investments in Spain
[Zeitschriftenartikel]
Abstract From a public interest perspective, there could be a justification for constraining market mechanisms with the aim of progressive redistribution. However, some policies might be based on selfish motivations of government agents. In this paper, we empirically contrast if the infrastructure policy is ... mehr
From a public interest perspective, there could be a justification for constraining market mechanisms with the aim of progressive redistribution. However, some policies might be based on selfish motivations of government agents. In this paper, we empirically contrast if the infrastructure policy is based only on public interest motivations or if it is also based on the private motivations of policy makers. In this way, Spain infrastructure policy provides a useful policymaking field to test hypothesis about the behavior of policy makers. We find some evidence regarding the strength of political motivations in explaining such behavior. In fact, results from our analysis show that political motivations can eventually play a more relevant role than social welfare maximization.... weniger
Sprache Dokument
Englisch
Publikationsjahr
2009
Seitenangabe
S. 2853-2865
Zeitschriftentitel
Applied Economics, 41 (2009) 22
DOI
https://doi.org/10.1080/00036840701522846
Status
Postprint; begutachtet (peer reviewed)
Lizenz
PEER Licence Agreement (applicable only to documents from PEER project)