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Metro infrastructure and metropolitan attractiveness

Author

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  • Bono, Pierre-Henri
  • David, Quentin
  • Desbordes, Rodolphe
  • Py, Loriane

Abstract

The aim of this paper is to investigate whether cities can improve their international attractiveness by investing in their public transport infrastructure. For this purpose, we examine the influence of a metro shock on the number of greenfield foreign direct investment (FDI) projects received by a city during the period 2003–2014. We find that cities which have invested in expanding their metro network have attracted, on average, more FDI than comparable cities which have not improved their urban transport infrastructure.

Suggested Citation

  • Bono, Pierre-Henri & David, Quentin & Desbordes, Rodolphe & Py, Loriane, 2022. "Metro infrastructure and metropolitan attractiveness," Regional Science and Urban Economics, Elsevier, vol. 93(C).
    • Handle: RePEc:eee:regeco:v:93:y:2022:i:c:s0166046221001174
    DOI: 10.1016/j.regsciurbeco.2021.103757
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    1. David, Quentin & Kilani, Moez, 2022. "Transport policies in polycentric cities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 166(C), pages 101-117.

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    More about this item

    Keywords

    City attractiveness; Foreign direct investment; Metro; Urban infras-tructure;
    All these keywords.

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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