In this paper we examine the effects of publicly financed infrastructure and R&D capital on the cost structure and … dominate while in others changes in technology or relative prices are the main contributors. Publicly financed infrastructure …

the influence of infrastructure, we estimate that raising the rate of infrastructure investment would have had a …Researchers, commentators, and politicians have devoted steadily more attention to infrastructure in response to claims … between infrastructure and productivity growth remains controversial. In this regard, it is somewhat surprising that …

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 …

. The model captures several other features prevalent in infrastructure financing such as government co-investment, tax …We examine the optimal financing of infrastructure when governments have limited financial commitment and can … expropriate rents from private sector firms that manage infrastructure. While private firms need incentives to implement projects …

We use the World Bank decomposition of aggregate investment shares into their private and public components to test for … the correlation between volatility and investment in a set of developing countries. We uncover a statistically significant … negative correlation between various volatility measures and private investment, even when adding the standard control …

the model using domestic and international firm-to-firm trade data from Chile. Both iceberg trade costs and search and …

profits or capital gains primarily reduce the investment of financially unconstrained firms. Chile experienced a banking … prospects and poorly developed financial markets because it primarily reduces the investment of financially constrained firms …, investment that has marginal product greater than the after-tax market real interest rate. Contrarily, taxes on distributed …