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Regional development and non‐material public infrastructure[Note 1. Comments raised by anonymous referees sharpened our discussion, and ...]
Author(s) -
Yagi Tadashi,
Vliamos Spyros
Publication year - 1997
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/1467-8586.00026
Subject(s) - externality , public infrastructure , investment (military) , public capital , economics , inequality , transport infrastructure , capital (architecture) , public economics , public investment , business , regional science , industrial organization , microeconomics , public fund , geography , engineering , political science , transport engineering , mathematical analysis , mathematics , archaeology , politics , law
The aim of this paper is to investigate the conditions under which public investment can be allocated to the infrastructure in material and non‐material capital so as to have a positive effect on regional development and interregional inequality. To investigate this issue, the paper focuses on the externalities created by investing in infrastructure for the transfer of information, know‐how or technical knowledge.