Metro infrastructure and metropolitan attractiveness

Pierre-Henri Bono, Quentin David, Rodolphe Desbordes and Loriane Py

Regional Science and Urban Economics, 2022, vol. 93, issue C

Abstract: The aim of this paper is to investigate whether cities can improve their international attractiveness by investing in their public transport infrastructure. For this purpose, we examine the influence of a metro shock on the number of greenfield foreign direct investment (FDI) projects received by a city during the period 2003–2014. We find that cities which have invested in expanding their metro network have attracted, on average, more FDI than comparable cities which have not improved their urban transport infrastructure.

Keywords: City attractiveness; Foreign direct investment; Metro; Urban infras-tructure (search for similar items in EconPapers)
JEL-codes: F23 R12 R42 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Metro infrastructure and metropolitan attractiveness (2022)
Working Paper: Metro infrastructure and metropolitan attractiveness (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:regeco:v:93:y:2022:i:c:s0166046221001174

DOI: 10.1016/j.regsciurbeco.2021.103757

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