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 …

Cities are shaped by transportation infrastructure. Older cities were anchored by waterways. Nineteenth century cities … value of investing in transportation infrastructure. Future transportation innovations, including autonomous vehicles and …

We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure … to variety. Infrastructure alters factor prices, intermediate prices and the allocation of factors across sectors. The … effect on manufacturing or aggregate output, however, is indeterminate. In particular, our theory suggests that the degree of …

investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is …

The privatization of social services is being increasingly discussed. The social services market is characterized by …