The paper presents a multiregional endogenous growth model designed for calibration with real world data and for numerical policy evaluation. It integrates four strands of research: (1) the Ramsey model of consumer behaviour, (2) Tobin's q-theory of investment, (3) Romer's theory of endogenous...

This paper studies the spatial impact of two main aspects of European transport policy, namely infrastructure investments and pricing. In its "White Paper: European Transport Policy for 2010: Time to Decide" the European Commission has laid down a comprehensive programme of transport policy...

The paper examines the impact of communication cost reductions on growth and welfare by means of an endogenous spatial growth model. Policy makers having to decide upon transport policies often claim certain policies such as infrastructure investments to have growth stimulating effects that...

Die politische und planerische Diskussion über Metropolen ist stark von der Vorstellung bestimmt, die Globalisierung könnte zu grundlegenden Veränderungen im Städtesystem führen, und diese Veränderungen könnten ganz besonders Städte der höchsten Hierarchiestufen betreffen. Der Aufsatz...