This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … millennia, although at times it has been pivotal in bringing innovation, taking risks and driving efficiency. It is argued that … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …

This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … millennia, although at times it has been pivotal in bringing innovation, taking risks and driving efficiency. It is argued that … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …

We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel …

commitment for the whole time horizon of infrastructure or innovation investments is impossible. The compatibility of incentive … regulation and efficient investment is thus in doubt. Incentive regulation for regular infrastructure investments therefore needs … periodic updating based on rate-of-return regulation criteria. Innovative infrastructure investments may warrant regulatory …

transport infrastructure and coastal protection, while high adaptation costs in the agriculture sector are predominantly private …

efficient technology even in the absence of taxation. When taxation is necessary for innovation, both types of taxes are … effective. However, the energy tax outperforms the emission tax in terms of innovation incentives …