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| Author: | Bjorvatn, K. |
| Title: | Urban infrastructure and industrialization |
| Journal: | Journal of Urban Economics
2000 : SEP, VOL. 48:2, p. 205-218 |
| Index terms: | THIRD WORLD URBAN DEVELOPMENT MANUFACTURING INDUSTRY |
| Language: | eng |
| Abstract: | Public infrastructure in Third World cities is generally in a fairly poor condition. The quality of infrastructure services is further eroded by the rapid population growth in most of these cities. Poor infrastructure reduces the profitability of modern sector manufacturing and may therefore inhibit industrialization. The present analysis demonstrates that there may arise situations with stable, multiple equilibria. |
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