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2018-05

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Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/135282

Spatially blind policies? Analysing agglomeration economies and European Investment Bank funding in European neighbouring countries

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https://doi.org/10.1007/s00168-016-0784-3

Abstract

Abstract Policies promoting development need to take into account the fact that globalisation has made space more rather than less important. To take full advantage of agglomeration economies that come with urban concentration, infrastructure plays a key role. For a long time development policies have focused on the provision of infrastructure. In this work, we analyse: first how urban concentration and infrastructure interact with each other for encouraging economic growth; and second whether policies promoting infrastructure have considered the spatial distribution of economic activity. As a case study, we focus on the European Investment Bank (EIB) projects financing infrastructures, for both the European Union and the EU neighbourhood. We perform panel data analysis considering different measures of infrastructure, and we also analyse the EIB projects. Our results suggest a relevant role of connectivity infrastructure (i.e. transport and communications) for agglomeration benefits to take place in European Neighbouring Policy countries. Our results also suggest that EIB funding in ENP countries ismostly country specific and displays no spatial dimension.

Subject

Política urbana, Economia urbana, Desenvolupament econòmic, Anàlisi de dades de panel

Subject (English)

Urban policy, Urban economics, Economic development, Panel analysis

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Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

Citation

CASTELLS-QUINTANA, David and ROYUELA MORA, Vicente. Spatially blind policies? Analysing agglomeration economies and European Investment Bank funding in European neighbouring countries. Annals of Regional Science. 2018. Vol. 60, num. 3, pags. 569-589. ISSN 0570-1864. [consulted: 8 of August of 2026]. Available at: https://hdl.handle.net/2445/135282

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