Showing 1 - 10 of 114
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 …
Persistent link: https://www.econbiz.de/10012801569
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 …
Persistent link: https://www.econbiz.de/10012316973
identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely …
Persistent link: https://www.econbiz.de/10011956309
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/10010434094
This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity …
Persistent link: https://www.econbiz.de/10012226698
by NGOs and researchers alike. This study investigates the impacts of private forest plantations on local infrastructure … regression model with observations of the size and quality of infrastructure and social services in the villages and with … infrastructure and social services in adjacent villages. The results suggest that large-scale private forest plantations can …
Persistent link: https://www.econbiz.de/10011735970
outline a promising alternative. We propose that governments should treat the broadband infrastructure as a public …
Persistent link: https://www.econbiz.de/10012506923
This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment. Yet, previous empirical work has...
Persistent link: https://www.econbiz.de/10003850209
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