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The Long-Run Evolution of Infrastructure Services

Goldsmith, Hugh - 2014

This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …

Persistent link: https://www.econbiz.de/10013043210

Broadband Infrastructure and Economic Growth

Czernich, Nina - 2012

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

Persistent link: https://www.econbiz.de/10013116573

Do Land Use Policies Follow Road Construction?

Garcia-López, Miquel-Àngel - 2014

We study whether local land use policies are modified in response to enhanced demand for building generated by a new highway, and examine the extent to which this effect of land use regulations affects building activity. We focus on the case of Spain during the last housing boom (1995-2007). We...

Persistent link: https://www.econbiz.de/10013056826

Do Political Parties Matter for Local Land Use Policies?

Sole-Olle, Albert; Viladecans-Marsal, Elisabet - 2021

Despite interest in the impact of land use regulations on housing construction and housing prices, little is known about the drivers of these policies. The conventional wisdom holds that homeowners have an influence on restrictive local zoning. In this paper, we contend that the party...

Persistent link: https://www.econbiz.de/10013315755

Optimal Commodity Taxation When Land and Structures Must Be Taxed at the Same Rate

Aura, Saku; Davidoff, Thomas - 2021

We show that the optimal property tax rate rises with the ratio of land rents to structure and land development costs. California's high ratio of income to property tax revenue and the distribution of Federal housing subsidies thus appear geographically misplaced. Proportional taxation of...

Persistent link: https://www.econbiz.de/10013318402

Total Costs and Budgetary Effects of Adaptation to Climate Change : An Assessment for the European Union

Osberghaus, Daniel; Reif, Christiane - 2021

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

Persistent link: https://www.econbiz.de/10013316180

The Business Environment in the Transition

Carlin, Wendy - 2012

faced and their business environment. The business environment includes physical infrastructure, the availability of an …

Persistent link: https://www.econbiz.de/10013100506

Infrastructure and Growth : Empirical Evidence

Égert, Balázs - 2009

Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … the links between infrastructure and growth and the role of public policies, reports the results on the links with growth … from a variety of econometric approaches. Time-series results reveal a positive impact of infrastructure investment on …

Persistent link: https://www.econbiz.de/10012764448

Inequality, Public Wealth, and the Federal Shareholder

Corneo, Giacomo - 2016

Current trends in the distribution of wealth trigger a social divide and threaten democracy. I propose to counter this evolution by enhancing the role of public capital as a redistribution and empowerment device. The governance of public capital requires two novel institutions: a socially...

Persistent link: https://www.econbiz.de/10012992603

Infrastructure and Inequality : Insights from Incorporating Key Economic Facts About Household Heterogeneity

Klenert, David - 2014

We study the trade-off between equity and growth in the context of tax-financed investment in public capital. Taking into account stylized facts on wealth accumulation, we model agent heterogeneity through differences in saving behavior, income source and time preference. In contrast to the...

Persistent link: https://www.econbiz.de/10013046059