The relation between infrastructure and economic growth has been largely investigated in the literature, but the … empirical evidence found has proven to be controversial. This paper aims to empirically analyze the impact of infrastructure … stocks on economic growth. In spite of there being theoretical justification for taking infrastructure into account in …

literature. In contrast, studies on relative location tend to be weakly linked to theory, but apply relatively sophisticated … appropriateness of such models, and identify areas of potential concern. The rather weak linkage between theory and operational models …