Economics at your fingertips  


Marco Alderighi

Articles, 2013, vol. 40, issue 3

Abstract: This paper analyses the optimal investment policy in domestic and international infrastructure through a model of competition among countries. The framework provided by Martin and Rogers [Martin, P. and Rogers, C., 1995, Industrial location and public infrastructure, Journal of International Economics, 39, 335-51.] is here extended to include dynamic aspects. The optimal investment trajectories are characterized in two situations : first, when coordination among countries is reached and second when countries behave egoistically. Since international infrastructure produces positive externalities, it emerges that the second situation is sub-optimal.

Date: 2013
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Articles from International Journal of Transport Economics
Bibliographic data for series maintained by Alessio Tei ().

Page updated 2019-09-18
Handle: RePEc:jte:journl:2013:3:40:2