Transit infrastructure is a critical asset for economic activity yet costly to build in dense urban environments. We … plausible mechanism for the price gains. Higher prices reflect both higher rents and lower risk. Infrastructure improvements …

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 …

, consumption levels, infrastructure, literacy or population density through 2002. This finding suggests that local recovery from …

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 …

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 …

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 …

The impact of public infrastructure investment on the productive performance of firms has been an important focus of …' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …. However, detailed evaluation of the infrastructure impact is difficult using existing studies which rely on restricted models …

In this paper the authors examine the effects of publicly financed infrastructure and R&D capitals on the cost …