This paper develops a framework for making decisions on the type of infrastructure to build and where to build. The Basic intuition is that by deriving the marginal physical products of installed infrastructure, we can prioritize infrastructure investment of the same type among regions, and of different types within a region.
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Paper provided by African Economic Research Consortium in its series Papers with number
104.
Find related papers by JEL classification: R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)