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How growth and location are sensitive to transport and telecommunication infrastructures?

Published online by Cambridge University Press:  17 August 2016

Stéphane Riou
Stéphane Riou*
Affiliation:
Creuset, University of Saint-Etienne, France
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Summary

This paper is an extension of the new economic geography and growth model of Martin (1999) which proposes an interesting framework to analyze the effects of the european regional policy. We introduce imperfect interregional knowledge spillovers in this framework which are diffused by two infrastructures: transport and telecommunication infrastructures. If an investment in transport infrastructures may be at the origin of a centrifugal effect through non market interactions, we show that only a policy improving telecommunication can reduce regional inequalities and attain higher aggregate growth rate.

Résumé

Résumé

Cet article propose un prolongement du modèle d'économie géographique et de croissance de Martin [1999] qui offre un cadre intéressant pour analyser les effets de la politique régionale européenne. Nous introduisons des externalités technologiques inter-régionales imparfaites qui se diffusent par des infrastructures de transport et de télécommunication. Nous montrons alors qu'une politique d'infrastructures de transport peut engendrer un effet de dispersion des activités économiques en facilitant les interactions hors-marché. Néanmoins seule une politique de télécommunication semblerait théoriquement en mesure à la fois de diminuer les inégalités régionales et de favoriser la croissance globale.

Keywords

Croissancegéographiepolitiques publiquesR58O40R12growthgeographypublic policiesR58O40R12
Type
Research Article
Information
Recherches Économiques de Louvain/ Louvain Economic Review , Volume 69 , Issue 3 , 2003 , pp. 241 - 265
Copyright
Copyright © Université catholique de Louvain, Institut de recherches économiques et sociales 2003 

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Footnotes

*

Address: Creuset, Université Jean Monnet, 6, rue basse des rives, 42023 Saint-Etienne cedex 02. e-mail: stephane.riou@univ-st-etienne.tr

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