Place-Based Policies: principles and developing country applications

Anthony Venables and Gilles Duranton

No 893, Economics Series Working Papers from University of Oxford, Department of Economics

Abstract: Many development policies, such as placement of infrastructure or local economic development schemes, are “place-based.†Such policies are generally intended to stimulate private sector investment and economic growth in the treated place, and as such they are difficult to appraise and evaluate. This paper sets the rationale for place-based policies and a framework for analyzing their effects and assessing their social value. It then reviews the literature on place-based policies in the contexts of special economic zones, transport policy, lagging regions, and local economic development policies.

Keywords: Place-based policies; spatial; economic corridors; lagging regions (search for similar items in EconPapers)
JEL-codes: O10 O18 R10 R11 R13 (search for similar items in EconPapers)
Date: 2019-12-18
New Economics Papers: this item is included in nep-dev, nep-geo and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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