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Politics and public infrastructure investments in local governments: empirical evidence from Flemish municipalities (1996-2009)

Stijn Goeminne UGent and Carine Smolders UGent (2014) LOCAL GOVERNMENT STUDIES. 40(2). p.182-202
abstract
This article offers new evidence on the political determinants of local government's public investment policy. A public infrastructure investment function was estimated using data for 307 out of 308 Flemish municipalities covering the period 1996-2009. The results reveal that government composition and the timing of the elections matter. The presence of the Liberal Party decreases investments, whereas fragmentation of the government has the opposite effect. Significantly higher investment levels were recorded in years preceding elections contrary to post-election years, which show important slowdown in investment policies. Finally, the analysis shows that local governments are sensitive to the investment policy of neighbouring municipalities. The positive spatial interaction effect implies that a municipality's investments increase on average with 26.2% of changes in investment levels by neighbouring municipalities.
Please use this url to cite or link to this publication:
author
organization
year
type
journalArticle (original)
publication status
published
subject
keyword
MACROECONOMIC POLICY, YARDSTICK COMPETITION, REGIONAL ALLOCATION, TAX COMPETITION, FISCAL-POLICY, UNITED-STATES, FRAGMENTATION, DETERMINANTS, CYCLES, EXPENDITURES, Flemish municipalities, yardstick competition, political budget cycles, infrastructure investment, partisan politics, political fragmentation, Public investment
journal title
LOCAL GOVERNMENT STUDIES
volume
40
issue
2
pages
182 - 202
Web of Science type
Article
Web of Science id
000334037700002
ISSN
0300-3930
DOI
10.1080/03003930.2013.790813
language
English
UGent publication?
yes
classification
A1
copyright statement
I have transferred the copyright for this publication to the publisher
id
3009193
handle
http://hdl.handle.net/1854/LU-3009193
date created
2012-10-09 09:00:37
date last changed
2015-10-15 14:16:19
@article{3009193,
  abstract     = {This article offers new evidence on the political determinants of local government's public investment policy. A public infrastructure investment function was estimated using data for 307 out of 308 Flemish municipalities covering the period 1996-2009. The results reveal that government composition and the timing of the elections matter. The presence of the Liberal Party decreases investments, whereas fragmentation of the government has the opposite effect. Significantly higher investment levels were recorded in years preceding elections contrary to post-election years, which show important slowdown in investment policies. Finally, the analysis shows that local governments are sensitive to the investment policy of neighbouring municipalities. The positive spatial interaction effect implies that a municipality's investments increase on average with 26.2\% of changes in investment levels by neighbouring municipalities.},
  author       = {Goeminne, Stijn and Smolders, Carine},
  issn         = {0300-3930},
  journal      = {LOCAL GOVERNMENT STUDIES},
  keyword      = {MACROECONOMIC POLICY,YARDSTICK COMPETITION,REGIONAL ALLOCATION,TAX COMPETITION,FISCAL-POLICY,UNITED-STATES,FRAGMENTATION,DETERMINANTS,CYCLES,EXPENDITURES,Flemish municipalities,yardstick competition,political budget cycles,infrastructure investment,partisan politics,political fragmentation,Public investment},
  language     = {eng},
  number       = {2},
  pages        = {182--202},
  title        = {Politics and public infrastructure investments in local governments: empirical evidence from Flemish municipalities (1996-2009)},
  url          = {http://dx.doi.org/10.1080/03003930.2013.790813},
  volume       = {40},
  year         = {2014},
}

Chicago
Goeminne, Stijn, and Carine Smolders. 2014. “Politics and Public Infrastructure Investments in Local Governments: Empirical Evidence from Flemish Municipalities (1996-2009).” Local Government Studies 40 (2): 182–202.
APA
Goeminne, S., & Smolders, C. (2014). Politics and public infrastructure investments in local governments: empirical evidence from Flemish municipalities (1996-2009). LOCAL GOVERNMENT STUDIES, 40(2), 182–202.
Vancouver
1.
Goeminne S, Smolders C. Politics and public infrastructure investments in local governments: empirical evidence from Flemish municipalities (1996-2009). LOCAL GOVERNMENT STUDIES. 2014;40(2):182–202.
MLA
Goeminne, Stijn, and Carine Smolders. “Politics and Public Infrastructure Investments in Local Governments: Empirical Evidence from Flemish Municipalities (1996-2009).” LOCAL GOVERNMENT STUDIES 40.2 (2014): 182–202. Print.