Abstract
The improvement of infrastructure is one of the major policy instruments of the European Regional Development Fund (ERDF), created in 1975 in order to support and develop backward regions in the European Community. Infrastructure is regarded here as (material and immaterial) public capital which forms the foundation of — and is a critical success factor for — all other productive or socio-economic activities in a country or region. Especially since 1978 — when it was decided that a wide variety of public goods could be considered as infrastructure to which the Regional Fund (and other financial policies of the Community) might financially contribute — subsidies for infrastructure projects gradually rose to a significant part of the Regional Fund’s annual budget.
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© 1994 Springer Science+Business Media Dordrecht
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Nijkamp, P., Blaas, E. (1994). Impacts of Infrastructure on Regional Development: Results from a Frequency Analysis. In: Impact Assessment and Evaluation in Transportation Planning. Transportation Research, Economics and Policy. Springer, Dordrecht. https://doi.org/10.1007/978-94-015-8293-3_8
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DOI: https://doi.org/10.1007/978-94-015-8293-3_8
Publisher Name: Springer, Dordrecht
Print ISBN: 978-90-481-4353-5
Online ISBN: 978-94-015-8293-3
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