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This paper discusses incentives for investments in transport infrastructure and commuting subsidies in a multi …-region framework. Responsibilities of fiscal treatment of commuting expenses, public provision of road infrastructure and road pricing … commuting from a peripheral, less productive area to an urban agglomeration or city center. The interactions between investment …
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We use the construction of India's Golden Quadrangle (GQ) central highway network, together with comprehensive loan data drawn from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial sector depth. We identify a disproportionate increase in...
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The distribution of transport infrastructure across space is the outcome of deliberate government planning that reflects a desire to unlock the welfare gains from regional economic integration. Yet, despite being one of the oldest government activities, the economic forces shaping the endogenous...
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