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Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on … infrastructure investment in telecommunications and the electricity sectors has a robust positive effect on long-term growth (but not …
Persistent link: https://www.econbiz.de/10003857148
This paper studies the role played by politics in shaping the Italian railway network, and its impact on long-run growth patterns. Examining a large state-planned railway expansion that took place during the second half of the 19th century in a recently unified country, we first study how both...
Persistent link: https://www.econbiz.de/10012601981
Persistent link: https://www.econbiz.de/10003623797
Can public infrastructure help regions to mitigate large shocks? We examine how hospital infrastructure contributes to … hospital infrastructure. In contrast, rural areas without adequate infrastructure absorb shocks poorly, and voters punish the … governing parties in the next elections. We conclude that public infrastructure can mitigate large external shocks, especially …
Persistent link: https://www.econbiz.de/10014383771
The link between federalism and economic performance is still ambiguous. Aiming at clarification, we improve on a … widespread shortcoming by measuring federalism not just by one variable but by various institutions that constitute it. To this … end, Switzerland provides for a laboratory as its 26 cantons share a common framework, while the extent of federalism …
Persistent link: https://www.econbiz.de/10011903827
empirical implications are tested using a large panel of jurisdictions in Germany, which have discretion in setting the local …
Persistent link: https://www.econbiz.de/10011398100
Following the ambiguous results in the literature aimed at understanding the empirical link between fiscal federalism …, there is no robust link, neither positive, nor negative, between output growth and fiscal federalism (measured as sub …
Persistent link: https://www.econbiz.de/10009786223
Persistent link: https://www.econbiz.de/10003630854
state of Berlin and the federal level in Germany. State voting intentions for the state and for the federal parliament are …
Persistent link: https://www.econbiz.de/10011615805
Persistent link: https://www.econbiz.de/10003624641