Abstract
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 modelled as a production factor, in a production function. Second, infrastructure can be modelled 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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Rietveld, P. Infrastructure and regional development. Ann Reg Sci 23, 255–274 (1989). https://doi.org/10.1007/BF01579778
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DOI: https://doi.org/10.1007/BF01579778