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Franco, Ana Paula; Galiani, Sebastián; Lavado, Pablo - National Bureau of Economic Research - 2021

The Inca Empire was the last of a long series of highly developed cultures in pre-colonial South America. It stretched across parts of the current territories of Argentina, Bolivia, Chile, Colombia, Ecuador and the whole of Peru. The Inca Road was its 30,000-kilometer-long transportation system....

Persistent link: https://www.econbiz.de/10012599269

Take the Q Train : Value Capture of Public Infrastructure Projects

Gupta, Arpit - 2020

Transit infrastructure is a critical asset for economic activity yet costly to build in dense urban environments. We measure the benefit of the Second Avenue Subway extension in New York City by analyzing local real estate prices which capitalize the benefits of transit spillovers. We find that...

Persistent link: https://www.econbiz.de/10012479313

Infrastructure and Urban Form

Glaeser, Edward L. - 2020

Cities are shaped by transportation infrastructure. Older cities were anchored by waterways. Nineteenth century cities followed the path of streetcars and subways. The 20th century city rebuilt itself around the car. The close connection between transportation and urban form is natural, since...

Persistent link: https://www.econbiz.de/10012482505

The Long Run Impact of Bombing Vietnam

Miguel, Edward - 2006

We investigate the impact of U.S. bombing on later economic development in Vietnam. The Vietnam War featured the most intense bombing campaign in military history and had massive humanitarian costs. We use a unique U.S. military dataset containing bombing intensity at the district level (N=584)....

Persistent link: https://www.econbiz.de/10012466717

Real and Private-Value Assets

Goetzmann, William N.; Spaenjers, Christophe; … - National Bureau of Economic Research - 2021

Real and private-value assets--defined here as the sum of real estate, infrastructure, collectibles, and non-corporate business equity--is an investment class worth an estimated $85 trillion in the U.S. alone. Furthermore, private values can affect pricing in many other financial markets, such...

Persistent link: https://www.econbiz.de/10012496134

Scale Economies, Returns to Variety, and the Productivity of Public Infrastructure

Holtz-Eakin, Douglas - 1995

We examine the productivity of public infrastructure in a general equilibrium context. In our model, infrastructure lowers costs in a manufacturing sector characterized by both firm-level returns to scale and industry-level external returns to variety. Infrastructure alters factor prices,...

Persistent link: https://www.econbiz.de/10012473575

Infrastructure and Public R&D Investments, and the Growth of Factor Productivity in US Manufacturing Industries

Nadiri, M. Ishaq - 1994

growth. The magnitude of the contribution of these sources varies considerably across industries: in some changes in demand … and R&D capital contribute to productivity growth. However, the magnitudes of their contribution vary considerably across …

Persistent link: https://www.econbiz.de/10012474070

Infrastructure in a Structural Model of Economic Growth

Holtz-Eakin, Douglas - 1994

that inadequate accumulation of public capital has contributed to substandard U.S. economic growth. Despite this, the link … between infrastructure and productivity growth remains controversial. In this regard, it is somewhat surprising that … infrastructure research has developed in isolation from the large literature on economic growth. We develop a neoclassical growth …

Persistent link: https://www.econbiz.de/10012474091

State Infrastructure and Productive Performance

Morrison, Catherine J. - 1992

the recent literature on productivity growth. The size of this impact has important implications for policymakers …' decisions to invest in public capital, and productivity analysts' evaluation of productivity growth fluctuations and declines …' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …

Persistent link: https://www.econbiz.de/10012475001

The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries

Nadiri, M. Ishaq - 1991

their contributions to growth of labor productivity vary over time as well. Not only is the cost function shifted downward …

Persistent link: https://www.econbiz.de/10012475102

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