Place-Based Policies for Development

75 Pages Posted: 24 Apr 2018

See all articles by Gilles Duranton

Gilles Duranton

University of Pennsylvania - Real Estate Department

Anthony J. Venables

University of Oxford; Centre for Economic Policy Research (CEPR)

Multiple version iconThere are 3 versions of this paper

Date Written: April 17, 2018

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: Transport Services, Labor Markets, Urban Governance and Management, Urban Housing and Land Settlements, Municipal Management and Reform, Urban Housing, Macroeconomic Management, Economic Forecasting, Governance Diagnostic Capacity Building, Textiles, Apparel & Leather Industry, Common Carriers Industry, Food & Beverage Industry, Business Cycles and Stabilization Policies, Plastics & Rubber Industry, General Manufacturing, Construction Industry, Pulp & Paper Industry

Suggested Citation

Duranton, Gilles and Venables, Anthony J., Place-Based Policies for Development (April 17, 2018). World Bank Policy Research Working Paper No. 8410. Available at SSRN: https://ssrn.com/abstract=3164688

Gilles Duranton (Contact Author)

University of Pennsylvania - Real Estate Department ( email )

Philadelphia, PA 19104-6330
United States

Anthony J. Venables

University of Oxford ( email )

Mansfield Road
Oxford, Oxfordshire OX1 4AU
United Kingdom

Centre for Economic Policy Research (CEPR)

London
United Kingdom

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