Abstract
This paper deals with the allocation of public investments to some of the prospective key elements in the regional infrastructure. Two optimization models are suggested for allocating investment resources among regions and various infrastructure elements. Applications of the models illustrate solutions based on policy goals of economic efficiency and regional equity. The optimization models draw on the estimation of an aggregate regional production function.
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Anderstig, C., Mattsson, LG. Interregional allocation models of infrastructure investments. Ann Reg Sci 23, 287–298 (1989). https://doi.org/10.1007/BF01579780
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DOI: https://doi.org/10.1007/BF01579780