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Infrastructure construction and entrepreneurial behaviour

Author

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  • Bruinsma, Frank

    (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)

  • Rietveld, Piet

Abstract

Two important ways to study the impact of infrastructure improvement on spatial economic development are various model approaches and entrepreneurial surveys. In this paper we concentrate on the second type: entrepreneurial surveys. The empirical results of three surveys are presented. Two surveys concern the impact of highway construction at the regional level, the third is oriented at the urban level. The questions of the three surveys overlapped each other to a large extent, so changes over time in the perception of the impact of transport infrastructure on the firm’s well being can be measured. The surveys showed that the valuation of transport infrastructure by entrepreneurs is not only based on solid rational and objective reasons, like for instance transport costs. -Also subjective reasons - like image effects - are involved. There appears to be a reduction in the perceived impact of a transport infrastructure project over time.

Suggested Citation

  • Bruinsma, Frank & Rietveld, Piet, 1997. "Infrastructure construction and entrepreneurial behaviour," Serie Research Memoranda 0034, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    • Handle: RePEc:vua:wpaper:1997-34
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    References listed on IDEAS

    as
    1. Frank Bruinsma & Sytze Rienstra & Piet Rietveld, 1997. "Economic Impacts of the Construction of a Transport Corridor: A Multi-level and Multiapproach Case Study for the Construction of the A1 Highway in the Netherlands," Regional Studies, Taylor & Francis Journals, vol. 31(4), pages 391-402.
    2. Frank Bruinsma & Gerard Pepping & Piet Rietveld, 1996. "Infrastructure and Urban Development: The Case of the Amsterdam Orbital Motorway," Advances in Spatial Science, in: David F. Batten & Charlie Karlsson (ed.), Infrastructure and the Complexity of Economic Development, chapter 0, pages 231-249, Springer.
    3. David F. Batten & Charlie Karlsson (ed.), 1996. "Infrastructure and the Complexity of Economic Development," Advances in Spatial Science, Springer, number 978-3-642-80266-9, december.
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    More about this item

    JEL classification:

    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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