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Place-based public investment in regional infrastructure, the locational choice of firms and regional performance: the case of India
We discuss conceptual reasons for and propose public investment in regional infrastructure as a hybrid form of a place-based regional industrial policy aiming to foster the regional economic activity of lagging regions. We present and empirically test a baseline model using data for 14 Indian regions/states over a period of 39 years. Our results show that place-based regional infrastructure investments, particularly in electricity-generating capacity and width-adjusted length of national highways, positively impact the relative number of firms operating in a region and help foster its economic performance.
Place-based public investment in regional infrastructure, the locational choice of firms and regional performance: the case of India
We discuss conceptual reasons for and propose public investment in regional infrastructure as a hybrid form of a place-based regional industrial policy aiming to foster the regional economic activity of lagging regions. We present and empirically test a baseline model using data for 14 Indian regions/states over a period of 39 years. Our results show that place-based regional infrastructure investments, particularly in electricity-generating capacity and width-adjusted length of national highways, positively impact the relative number of firms operating in a region and help foster its economic performance.
Place-based public investment in regional infrastructure, the locational choice of firms and regional performance: the case of India
Vasilakos, Nicholas (Autor:in) / Pitelis, Alkis Theonas (Autor:in) / Horsewood, Nick (Autor:in) / Pitelis, Christos (Autor:in)
Regional Studies ; 57 ; 1055-1068
03.06.2023
14 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Unbekannt
economic activity , public infrastructure , India , spillovers , H54 , O25 , R11 , R12
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