Abstract
The public sector accounts for a significant fraction of fixed capital formation in most countries. Public administrations, together with public organisations and enterprises, are often the main suppliers of transport and other key infrastructures and devote large amounts of resources to investment in educational, health care and administrative facilities. Spain is no exception to this. Over the twenty years between 1985 and 2005, the Spanish public administrations accounted on average for over 16 per cent of total investment
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© 2011 A. de la Fuente and R. Doménech
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de la Fuente, A., Doménech, R. (2011). The Effects of Public Investment. In: Boscá, J.E., Doménech, R., Ferri, J., Varela, J. (eds) The Spanish Economy. Palgrave Macmillan, London. https://doi.org/10.1057/9780230307544_5
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DOI: https://doi.org/10.1057/9780230307544_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-32980-9
Online ISBN: 978-0-230-30754-4
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)