Showing 1 - 10 of 15
This paper summarizes economic research on investment in public infrastructure and introduces the findings of several … in building, financing, and operating infrastructure, including limitations of private capital markets, externalities …, and the control of natural monopolies. It then describes the conditions that characterize an optimal infrastructure …
Persistent link: https://www.econbiz.de/10013248702
Infrastructure provides critical support for economic activity, and assessing its role requires reliable measures. This … paper provides an overview of U.S. infrastructure data in the National Economic Accounts. After developing definitions of … basic, social, and digital infrastructure, we assess trends in each of these categories and their components. Results are …
Persistent link: https://www.econbiz.de/10013309898
Public-private partnerships (PPPs) are increasingly used to provide infrastructure services. Even though PPPs have the …
Persistent link: https://www.econbiz.de/10013156676
transportation infrastructure …
Persistent link: https://www.econbiz.de/10013074917
What is the impact on intra-national trade and regional economic outcomes when the quality and lane-capacity of an existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a large-scale public investment in roads during the...
Persistent link: https://www.econbiz.de/10014356796
Empirical evidence suggesting that a considerable amount of horizontal strategic interaction exists amongst governments is important in light of recent devolutionary trends of many important public programs. The empirical approach in these studies typically relies on estimating reaction...
Persistent link: https://www.econbiz.de/10013233438
implications for the ongoing policy debate over government investment in broadband infrastructure to encourage productivity and …
Persistent link: https://www.econbiz.de/10013030144
In this paper, we propose an extension of the productivity decomposition method developed by Olley & Pakes (1996). This extension provides an accounting for the contributions of both firm entry and exit to aggregate productivity changes. It breaks down the contribution of surviving firms into a...
Persistent link: https://www.econbiz.de/10013065931
Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering export markets. Although this mechanism is often mentioned in policy documents, a significant share of econometric studies has not found evidence for this hypothesis. This paper...
Persistent link: https://www.econbiz.de/10013068993
Our purpose in this paper is to examine how one might evaluate and measure the contribution of public infrastructure …, we find that increases in public infrastructure capital, ceteris paribus, reduce private sector costs. We compute that … amount of public infrastructure capital that would rationalize the cost savings incurred by the private business and …
Persistent link: https://www.econbiz.de/10014157865