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Metro infrastructure and metropolitan attractiveness

Author

Listed:
  • 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)

  • Quentin David

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - 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)

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.

Suggested Citation

  • Pierre-Henri Bono & Quentin David & Rodolphe Desbordes & Loriane Py, 2022. "Metro infrastructure and metropolitan attractiveness," Post-Print hal-03969395, HAL.
    • Handle: RePEc:hal:journl:hal-03969395
    DOI: 10.1016/j.regsciurbeco.2021.103757
    Note: View the original document on HAL open archive server: https://hal.science/hal-03969395
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    More about this item

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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