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Place-Based Policies for Development

Gilles Duranton () and Anthony Venables ()

No 12889, CEPR Discussion Papers from C.E.P.R. Discussion Papers

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 out a framework for analyzing the effects of such policies and assessing their social value. It then reviews the literature on place-based policies in the contexts of transport improvements, economic corridors, special economic zones, lagging regions, and urban policies.

Keywords: economic corridors; lagging regions; Place based policies; spatial; urban (search for similar items in EconPapers)
JEL-codes: O10 O18 R10 R11 R13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-geo and nep-ure
Date: 2018-04
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