The effects of transport infrastructure on regional economic development: A simulated spatial overlapping generations model with heterogenous skill
As a result of public investment, lower freight transport costs tend to translate into lower local price indices and are associated with equilibria characterized by higher capital intensity, output and consumption. In this paper we investigate an additional effect to these trade gains, namely the ga...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
University of Minnesota
2012-10-01
|
Series: | Journal of Transport and Land Use |
Subjects: | |
Online Access: | https://www.jtlu.org/index.php/jtlu/article/view/242 |