Place-based public investment in regional infrastructure, the locational choice of firms and regional performance: The case of India

Vasilakos, Nicholas ORCID: https://orcid.org/0000-0003-3279-2885, Pitelis, Alkis Theonas, Horsewood, Nick and Pitelis, Christos (2023) Place-based public investment in regional infrastructure, the locational choice of firms and regional performance: The case of India. Regional Studies, 57 (6). pp. 1055-1068. ISSN 0034-3404

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Abstract

We discuss conceptual reasons for and propose public investment in regional infrastructure as a hybrid form of a place-based regional industrial policy aiming to foster the regional economic activity of lagging regions. We present and empirically test a baseline model using data for 14 Indian regions/states over a period of 39 years. Our results show that place-based regional infrastructure investments, particularly in electricity-generating capacity and width-adjusted length of national highways, positively impact the relative number of firms operating in a region and help foster its economic performance.

Item Type: Article
Additional Information: Issue 6: Place-based industrial and regional strategy – levelling the playing field
Uncontrolled Keywords: india,economic activity,public infrastructure,spillovers,environmental science(all),social sciences(all) ,/dk/atira/pure/subjectarea/asjc/2300
Faculty \ School: Faculty of Social Sciences > Norwich Business School
UEA Research Groups: Faculty of Social Sciences > Research Centres > Centre for Competition Policy
University of East Anglia Schools > Faculty of Science > Tyndall Centre for Climate Change Research
Faculty of Science > Research Centres > Tyndall Centre for Climate Change Research
Faculty of Social Sciences > Research Groups > Responsible Business Regulation Group
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Depositing User: LivePure Connector
Date Deposited: 16 Nov 2022 15:30
Last Modified: 31 May 2023 11:30
URI: https://ueaeprints.uea.ac.uk/id/eprint/89898
DOI: 10.1080/00343404.2022.2146666

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