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How should we measure infrastructure? : the case of highways and streets
Kornfeld, Robert; Fraumeni, Barbara M. - 2024
The recent debates on infrastructure spending have led to renewed interest in the measurement of infrastructure and its … effects on growth and well-being. This paper updates estimates of one important type of infrastructure capital—highways and … streets. We compare BEA's capital measures with more readily understood physical measures of road and lane miles, road quality …
Persistent link: https://www.econbiz.de/10014584324
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Constructing BEA highways and streets net wealth stocks with detailed types of investment and engineering-based estimates of depreciation
Fraumeni, Barbara M.; Kornfeld, Robert - 2024
This paper builds on a previous paper by the authors (Kornfeld and Fraumeni, 2022) that primarily used U.S. Federal Highway Administration Highway Statistics data to disaggregate investment in highways and streets into more detailed types to produce updated estimates of net wealth stocks and...
Persistent link: https://www.econbiz.de/10014584337
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Bright investments : measuring the impact of transport infrastructure using luminosity data in Haiti
Mitnik, Oscar A.; Sanchez, Raul; Yañez-Pagans, Patricia - 2018
This paper quantifies the impacts of transport infrastructure investments on economic activity in Haiti, using … rehabilitation projects across various road segments of the primary road network. We combine multiple sources of non-traditional data … consistently indicate that receiving a road rehabilitation project leads to an increase in luminosity values of between 6% and 26 …
Persistent link: https://www.econbiz.de/10011955583
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Highway to hell? : Interstate Highway System and crime
Calamunci, Francesca; Lonsky, Jakub - 2022
The United States witnessed an unprecedented crime wave in the second half of the twentieth century, with the total index crime rate more than tripling between 1960-1980. Little is known about the causes of this surge in criminal activity across the country. This paper investigates the role...
Persistent link: https://www.econbiz.de/10013471353
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Long-term effects of equal sharing: evidence from inheritance rules for land
Bartels, Charlotte; Jäger, Simon; Obergruber, Natalie - 2020
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children, while in others land was ruled to be indivisible....
Persistent link: https://www.econbiz.de/10012288516
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Is productive entrepreneurship getting scarcer? : a reflection on the contemporary relevance of Baumol's typology
Minniti, Maria; Naudé, Wim; Stam, Erik - 2023
We review Baumol's typology of productive, unproductive and destructive entrepreneurship. We argue that the typology is relevant for explaining the secular decline in business dynamics. To the existing explanations for this decline, we put forward the thesis that entrepreneurship has become less...
Persistent link: https://www.econbiz.de/10014335837
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Aggregate implications of barriers to female entrepreneurship
Chiplunkar, Gaurav; Goldberg, Pinelopi K. - 2024
in India. We find substantial barriers to LFP, and higher costs of expanding businesses through the hiring of workers for …
Persistent link: https://www.econbiz.de/10015062027
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Income and population growth
Brückner, Markus; Schwandt, Hannes - 2013
Do populations grow as countries become richer? In this paper we estimate the effects on population growth of shocks to national income that are plausibly exogenous and unlikely to be driven by technological change. For a panel of over 139 countries spanning the period 1960-2007 we interact...
Persistent link: https://www.econbiz.de/10009753807
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Mass refugee inflow and long-run prosperity : lessons from the Greek population resettlement
Murard, Elie; Sakalli, Seyhun Orcan - 2018
This paper investigates the long-term consequences of mass refugee inflow on economic development by examining the effect of the first large-scale population resettlement in modern history. After the Greco-Turkish war of 1919-1922, 1.2 million Greek Orthodox were forcibly resettled from Turkey...
Persistent link: https://www.econbiz.de/10011874817
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What accounts for the US ascendancy to economic superpower by the early 20th century : the morrill act - human capital hypothesis
Ehrlich, Isaac; Cook, Adam; Yin, Yong - 2018
Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10011880789