1973
DOI: 10.1029/wr009i004p00851
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Public investment impacts and regional economic growth

Abstract: The ideas and concepts articulated extend the theory underlying the role of public investment, including investment in water resource development, in the process of regional economic growth. Hypotheses concerning interdependences among public investment impacts are investigated in the context of an industrial location model of regional growth. The analysis suggests that construction impacts as well as developmental impacts should be considered in the investment decision‐making process. Implications for the gro… Show more

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Cited by 4 publications
(1 citation statement)
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“…This expression (equation 14) is the long-run equilibrium condition with all factors variable in every location (Dhrymes, 1964). For each output 1 An alternative theoretical discussion of plant location decisions in relation to water resource development may be found in "Public Investment Impacts and Regional Growth" (Lewis, 1973). level, costs at the jth location may be expressed as a function of input.…”
mentioning
confidence: 99%
“…This expression (equation 14) is the long-run equilibrium condition with all factors variable in every location (Dhrymes, 1964). For each output 1 An alternative theoretical discussion of plant location decisions in relation to water resource development may be found in "Public Investment Impacts and Regional Growth" (Lewis, 1973). level, costs at the jth location may be expressed as a function of input.…”
mentioning
confidence: 99%