Regional development through place-based policies: Evidence from a spatial discontinuity

The effects of elite public colleges on primary and secondary schooling markets in India

“…In comparison, a rural electrification program in India that provided electricity access to hitherto unconnected villages increased nighttime brightness by only 0.15 units (Burlig and Preonas, 2016). Our estimates are comparable to a policy that targeted massive improvements in public infrastructure, a generous investment subsidy and a complete exemption from corporate and excise taxes for a newly formed state in India (Shenoy, 2018). 9 In India, access to public goods like electricity, roads, water and education is a matter of who can extract them from the political system (Banerjee and Somanathan, 2007).…”

“…We also speak to the literature on place-based policies that target infrastructure investment towards underdeveloped regions. 8 A small number of papers within this literature have studied place-based programs in developing countries (Shenoy, 2018;Park et al, 2002;Ravallion and Jalan, 1999). Here we present the first estimates of the developmental impacts of college infrastructure in a lower-income country.…”

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“…Territorial development largely depends on geographic, demographic, and sociocultural aspects [Rodrik, 2003]. Government policies should consider the latter's diversity when designing tools for various regions moving along specific structural development paths [Barca et al, 2012;Grillitsch, Asheim, 2018;Shenoy, 2018]. Most professionals choose diversification as the preferred regional development model [Hausmann, Klinger, 2007;Boschma, 2017;Chen, 2018], since it makes the strongest impact upon the regional economy [Hidalgo, Hausmann, 2009;Neffke et al, 2011].…”

Infrastructure Grants and the Performance of Microenterprises

“…Henderson et al (2012). Recently, a growing body of economic research has started to adopt night light measures for analysis (Alesina et al, 2016;Chen and Nordhaus, 2011;Hodler and Raschky, 2014;Klomp, 2016;Shenoy, 2018). There is currently an overwhelming consensus that light intensity and economic activity are closely related.…”