Metro infrastructure and metropolitan attractiveness

Pierre-Henri Bono (), Quentin David, Rodolphe Desbordes and Loriane Py
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Pierre-Henri Bono: CEVIPOF - Centre de recherches politiques de Sciences Po (Sciences Po, CNRS) - Sciences Po - Sciences Po - CNRS - Centre National de la Recherche Scientifique
Rodolphe Desbordes: SKEMA Business School - SKEMA Business School
Loriane Py: Banque de France - Banque de France - Banque de France

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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.

Date: 2022-03
Note: View the original document on HAL open archive server: https://hal.science/hal-03969395v1
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Published in Regional Science and Urban Economics, 2022, 93, pp.103757. ⟨10.1016/j.regsciurbeco.2021.103757⟩

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Related works:
Journal Article: 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:hal:spmain:hal-03969395

DOI: 10.1016/j.regsciurbeco.2021.103757

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