Infrastructure and Regional Development: A Survey of Multiregional Economic Models
This paper gives a review of operational multiregional economic models from the viewpoint of infrastructure. Three approaches can be distinguished towards the relationship between infrastructure and regional development. First, infrastructure can be modeled as a production factor, in a production function. Second, infrastructure can be modeled as a location factor influencing the location of private investment or employment. Third, the importance of transportation infrastructure can be analyzed via its impact on interregional trade flows.
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Volume (Year): 23 (1989)
Issue (Month): 4 ()
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