Showing 1 - 10 of 32
bridge work, and apply separate depreciation rates to each type to produce updated estimates of net wealth stocks and …
Persistent link: https://www.econbiz.de/10013210073
Penology in the Jim Crow South centered on the chain gang. Gangs ostensibly served three purposes: their severity served as a deterrent; their putting convicts to work on roads and other public improvements reduced the taxpayers' costs of infrastructure; and their discriminatory implementation...
Persistent link: https://www.econbiz.de/10012482623
This paper estimates the local welfare impacts of road maintenance investments. We instrument road quality exploiting Indonesia's two-step budgeting process for allocating funding to local road authorities. Using comprehensive data on road quality from 1990-2007, we find that better roads help...
Persistent link: https://www.econbiz.de/10013388810
This paper quantifies the value of US highways and their contribution in shaping regional specialization patterns and facilitating internal and external market integration. We develop a multisector general equilibrium model of interregional and international trade with many locations in the...
Persistent link: https://www.econbiz.de/10012482158
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading example is highway construction, where slow completion times inflict a negative externality on commuters. Recently, highway departments have introduced innovative contracting methods...
Persistent link: https://www.econbiz.de/10012463793
This paper constructs updated measures of productive highway capital stocks at the total, Interstate, Non-interstate, and Local System levels to estimate the contribution of all highways (all public roads) to GDP growth. It presents three types of contribution to GDP growth estimates and an...
Persistent link: https://www.econbiz.de/10012463911
In recent years several countries have started massive highway franchising programs auctioned to private firms. In these auctions, the regulator typically sets the franchise term and firms bid on tolls, or, alternatively, the regulator sets tolls and the winner is the firm that asks for the...
Persistent link: https://www.econbiz.de/10012472124
We investigate the effects of the recently constructed Chinese national highway system on local economic outcomes. On average, roads that improve access to local markets have small or negative effects on prefecture economic activity and population. However, these averages mask a distinct pattern...
Persistent link: https://www.econbiz.de/10012453121
How effective are policies aimed at integrating isolated regions? We answer this question using the construction of a highway system in one of the poorest regions in the United States. With construction starting in 1965, the Appalachian Development Highway System (ADHS) ultimately consisted of...
Persistent link: https://www.econbiz.de/10012456601
Democracy is not an absorbing state; transitions to autocratic rule have been frequent throughout history and often followed periods of instability under democratic rule. In this paper, we ask whether autocrats can win support among voters by showcasing their ability to restore order and to "get...
Persistent link: https://www.econbiz.de/10012458514