The social profitability of rural roads in a small open economy Do urban agglomeration economies matter?

  • 2022•05•24

    Clive Bell

    The effects of a rural roads programme depend on labour mobility, how the programme is financed, and agglomeration economies. If financed by a rural poll tax and cross-price effects and agglomeration economies are sufficiently small, the wage will rise, with some return migration. Read more.

    Published in Papers in Regional Science.