This paper analyzes the impact of infrastructure investment on tax revenues and on the economy of the region. In 1991, the Kyushu high-speed rail line was constructed and was completed in 2003. In 2004, the rail line started operating from Kagoshima to Kumamoto. The entire line was opened in...

The objective of this paper is to examine the nature and magnitude of the effects of infrastructure provision on regional economic performance. The empirical evidence of our analysis is based on difference-in-difference estimation linking the changes in the growth rate of regional-level economic...

Over the last decades, the challenge of giving support to national economic growth process has become an undisputed issue. Since the second term of the Lula government, the theme of resumption of investment was imposed. In particular, the State of Rio de Janeiro benefited from a cycle of large...

This paper examines the relationship between infrastructure development and income inequality in urban People's Republic of China. Recent policies target reductions in income inequality while increasing sustainable urban development. Infrastructure investment plays a key role in achieving both...

In this study, we examine the impact of the STAR highway located in Batangas province, Philippines, on the public finance of the cities and municipalities through which it directly passes. Specifically, we exploit a unique, disaggregated dataset on tax (property and business taxes) as well as...

The metropolitan region of Rio de Janeiro has an urban structure "macrocefálica" in which the hinterland remains "the shadow of the metropolis" with other reduced centrality. However, in the recent period, there was the advent of large investment projects in its periphery, notably in the steel,...

Eine moderne öffentliche Infrastruktur ist die Grundlage einer leistungsfähigen Volkswirtschaft. Immer wieder ist in diesem Kontext von einer öffentlichen Investitionsschwäche die Rede. Mitunter wird angesichts negativer Nettoinvestitionen oder eines stagnierenden öffentlichen...

Since the new German federal government has imposed tight fiscal policy restrictions on itself, a pragmatic approach is needed to finance the spending requirements of the transformation. The financing instruments mentioned in the coalition agreement appears to be suitable in principle for...

Der Koalitionsvertrag von Union und SPD enthält erste Schritte in Richtung einer Ausweitung der öffentlichen Investitionen in Bildung und Betreuung, Wohnungsbau und digitale Infrastruktur. Zusätzliche Investitionen in diesen drei Kernbereichen sind aus wirtschaftlicher und gesellschaftlicher...

Im Januarheft 2019 veröffentlichte der Wirtschaftsdienst einen Aufsatz von Michael Grömling, Michael Hüther und Markos Jung dazu, wie der tatsächliche Umfang des öffentlichen Kapitalstocks gemessen werden sollte. Die Autoren vertreten dabei die Auffassung, dass der Fokus auf die Entwicklung...