Location, accessibility and regional development: the appraisal of trans-European networks

The role of infrastructure in regional development is important but difficult to determine quantitatively. The trade off between accessibility, increasing returns and input prices complicates the distribution of gains from the completion of the Single European Market and the development of trans-European networks. This paper aims to achieve a more precise definition of regions' infrastructure inputs and accessibility, taking into account infrastructure which is both internal and external to the region and the specific needs of a region's industrial structure. The focus of the paper is on improving the appraisal framework for new transport infrastructure and concludes that a more specific policy of matching transport provision to regional needs is required.

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