Does tenure in office affect regional growth? The role of?public capital productivity |
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| Authors: | Mar??a Garc??a-Vega Jos?? A Herce |
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| Institution: | 1. Dpto. de Fundamentos del An??lisis Econ??mico I, Universidad Complutense, Campus de Somosaguas, 28223, Madrid, Spain
2. GRIPICO (Group for research in Productivity, Innovation, and Competition), Madrid, Spain
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| Abstract: | We study the impact of tenure in office on economic performance. We evaluate the relationships between tenure in office and GDP growth, public capital growth, and public capital productivity using data for Spanish regions during the period 1980?C1998. We find that tenure decreases the impact of public capital growth on GDP growth. Our results suggest that tenure affects GDP growth negatively through a decrease in public capital productivity. |
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