RAMAJO, JULIAN; SALINAS, JAVIER; PEDRAJA, FRANCISCO; … - In: Economics Bulletin 8 (2007) 4, pp. 1-7
Starting from the median voter model commonly used in the literature to analyse the determinants of the functional distribution of public spending, we propose a new multiproduct dynamic model that also allows one to classify the nature of the interaction –complementarity or substitutability–...