infrastructure on economic performance in terms of gains in profits, cost savings, as well as in terms of productivity growth … productivity growth reveals that the economic performance could be enhanced by investing in infrastructure capital …It has been frequently quoted in the literature that one decisive cause of the productive performance of an economy …

This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …

productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative …

business size in an industry fosters growth in terms of total factor productivity (TFP). The results suggest that the overall …

stemming from reallocation induced by structural change. At the same time, productivity growth within the input-output network …

This paper studies the effect of structural change on the historical path of aggregate labor productivity growth for a … that structural change may have on future productivity growth. We document that the observed reallocation of economic … activity since the 1970s towards the service sector has exerted a strongly negative effect on aggregate productivity growth in …