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The impact of accessibility on the valuation of cities as location for firms

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  • Bruinsma, Frank R.

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

Abstract

In this paper the relation between the attractivity of cities as a location for firms and the accessibility via the road network is analyzed. First a brief theoretical introduction on the relation between transport infrastructure and spatial patterns of economic activities is given. In the remainder of this paper the relation between the attractivity of cities as industrial sites, the image of cities and the accessibility of these cities via the road network is analyzed in an empirical study for the Netherlands. The correlation and the regression analysis both indicate a strong coherence between the valuation of cities as location sites for companies and the relative position of those cities in the Dutch road network

Suggested Citation

  • Bruinsma, Frank R., 1997. "The impact of accessibility on the valuation of cities as location for firms," Serie Research Memoranda 0006, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    • Handle: RePEc:vua:wpaper:1997-6
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    References listed on IDEAS

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    1. Ciccone, Antonio & Hall, Robert E, 1996. "Productivity and the Density of Economic Activity," American Economic Review, American Economic Association, vol. 86(1), pages 54-70, March.
    2. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    3. Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-1196, September.
    4. Frank Bruinsma & Piet Rietveld, 1993. "Urban Agglomerations in European Infrastructure Networks," Urban Studies, Urban Studies Journal Limited, vol. 30(6), pages 919-934, June.
    5. Sturm, Jan Egbert & de Haan, Jakob, 1995. "Is public expenditure really productive?: New evidence for the USA and The Netherlands," Economic Modelling, Elsevier, vol. 12(1), pages 60-72, January.
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    Cited by:

    1. Veronique Van Acker & Frank Witlox, 2005. "Exploring the relationship between land-use system and travel behaviour - some first findings," ERSA conference papers ersa05p601, European Regional Science Association.
    2. Condeço-Melhorado, Ana & Tillema, Taede & de Jong, Tom & Koopal, Rogier, 2014. "Distributive effects of new highway infrastructure in the Netherlands: the role of network effects and spatial spillovers," Journal of Transport Geography, Elsevier, vol. 34(C), pages 96-105.
    3. Pokharel, Ramesh & Bertolini, Luca & te Brömmelstroet, Marco & Acharya, Surya Raj, 2021. "Spatio-temporal evolution of cities and regional economic development in Nepal: Does transport infrastructure matter?," Journal of Transport Geography, Elsevier, vol. 90(C).

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    More about this item

    JEL classification:

    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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