Cadot, Olivier; Röller, Lars-Hendrik; Stephan, Andreas - C.E.P.R. Discussion Papers - 1999
This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure … accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so … that shape infrastructure policy. Our empirical findings on a panel of France's regions over 1985-91 suggest that influence …