Regional Investment Functions of Material Infrastructure: Theoretical Issues and Selected Empirical Case Studies

Author:

Buhr W1,Köppel M2

Affiliation:

1. Department of Economics, University of Siegen, 5900 Siegen 21, FRG

2. Rhenanian-Westfalian Institute of Economic Research, 4300 Essen 1, FRG

Abstract

In this paper a survey is given of the theoretical contributions essential for the derivation of regional investment functions of material infrastructure. A basic distinction is made between models of investment volume (level models) and investment-programming models (structure models). Investment functions may also be obtained from structure models by parametric programming that may be subsumed under those types of functions stemming from level models. In addition, empirical research on investment functions in selected fields of regional water-quality management, electricity supply, and provision of telephone services is summarized with respect to the main theoretical approaches—the accelerator models and the neoclassical cost model. To a substantial extent this research uses unpublished data for regression analysis.

Publisher

SAGE Publications

Subject

Environmental Science (miscellaneous),Geography, Planning and Development

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

1. The role of small firms for regional revitalization;The Annals of Regional Science;1988-02

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