public deficit, while in the second they are used in cost-reducing public investment in infrastructure. In the latter case …

accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so …This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure … that shape infrastructure policy. Our empirical findings on a panel of France's regions over 1985-91 suggest that influence …

of growth. We employ historical data, recent cross-section data, and newly constructed public investment series. Our main … consistently correlated with growth while the effects of taxation are difficult to isolate empirically. …

This paper constructs a two-region endogenous growth model, where economic geography and public infrastructures play a … key role. The model allows us to analyse the contribution of different types of redistributive public policies on growth … inside the richest region increases spatial concentration of industries, increases the growth rate, and decreases the gap in …

twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact … moderate positive causal effect on per capita GDP levels across sectors, but no effect on per capita GDP growth. We provide a … consistent with factor mobility playing an important role in determining the economic benefits of infrastructure development. …

motorways -- has contributed to regional growth in the EU between 1990 and 2004. It analyses infrastructure in relationship to …. The meagre returns of infrastructure endowment on economic growth raises interesting questions about the opportunity costs …Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European …

This paper investigates the impact of public expenditures and taxation on economic growth using panel data for a sample … of OECD countries. The empirical results suggest that fiscal policy influences growth through three main channels. First …, the government contributes directly to factor accumulation through public investment in infrastructure and other assets …

infrastructure to the transition process. In addition to the direct cost savings, infrastructure investment generates important … indirect effects, or transition impacts. The model shows that, by reducing transaction costs, infrastructure intensifies … model, infrastructure also increases the incentives for low-cost firms to restructure which generates additional efficiency …

We work with a panel of bilateral trade flows from 1988 to 2002, exploring the influence of infrastructure … the institutions and infrastructure literature in this respect, using selection-based gravity modeling of trade flows. We … also depart from this literature by mixing principal components (to condense our institutional and infrastructure measures …