INDUSTRIAL-LOCATION AND PUBLIC INFRASTRUCTURE

• 成果类型: Article; Proceedings Paper
• 署名作者: MARTIN, P; ROGERS, CA
• 署名单位: Georgetown University; Centre for Economic Policy Research - UK
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/0022-1996(95)01376-6
• 发表日期: 1995
• 页码: 335-351
• 关键词: public infrastructure; INDUSTRIAL LOCATION; Trade integration; REGIONAL POLICIES

摘要

This paper examines the impact of public infrastructure on industrial location when increasing returns are present. Trade integration implies that firms tend to locate in countries with better domestic infrastructure. High levels of international infrastructure and strong returns to scale magnify industrial relocation due to differentials in domestic infrastructure or capital endowments. Regional policies which finance domestic infrastructure in a poor country lead firms to relocate in this country. Regional policies which finance international infrastructure in a poor country will lead firms to leave this country. We also analyze the incentives for countries to inhibit industrial relocation.