This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity … with measures of spatial inequality based on remotely-sensed data, we analyse the effects of transport projects on the … immediate periphery. Transport projects decentralize activity particularly strongly in regions that are more urbanized, located …

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 …

This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal … transport volumes. The recent Belt and Road Initiative provides an experiment that can be evaluated using matching econometrics …-run economic growth. However, it spurs employment and road freight by stimulating intermodal transport. …

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 …

components of a country’s infrastructure to access international markets. I provide a framework to jointly estimate the quality … international and internal trade with port and road infrastructure to assess the relative importance of ports versus roads in … are higher than those for roads under the existing Indian infrastructure network, but improvements in ports and roads have …

trade-driven growth through increased intraregional infrastructure connectivity and regional economic integration. In 1992 …, a pan-Asian transport connectivity was initiated through, Asian Highway Network and Trans-Asian Railways Network. In … connectivity as well as infrastructure financing needs in Asia. It also examines the nature and characteristics of existing and new …

The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under … advantage in building infrastructure. At the same time, hard budget constraints for PPPs introduce a bankruptcy risk and …

The distribution of transport infrastructure across space is the outcome of deliberate government planning that … transport infrastructure investments across continuous space. Allowing for intra- and international trade, the resulting … government activities, the economic forces shaping the endogenous emergence of infrastructure have not been rigorously studied …