Showing 1 - 10 of 2,666
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 …
Persistent link: https://www.econbiz.de/10012482505
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 …
Persistent link: https://www.econbiz.de/10012479313
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 …
Persistent link: https://www.econbiz.de/10012473575
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 …
Persistent link: https://www.econbiz.de/10012474070
, nonproduction and production labor and energy) use of manufacturing firms to evaluate the contribution of infrastructure to firms …The impact of public infrastructure investment on the productive performance of firms has been an important focus of …. However, detailed evaluation of the infrastructure impact is difficult using existing studies which rely on restricted models …
Persistent link: https://www.econbiz.de/10012475001
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 … investors to fund infrastructure projects. Optimal financing involves government guarantees to investors against project failure …
Persistent link: https://www.econbiz.de/10013334350
How do political preferences shape transportation policy? We study this question in the context of California's High-Speed Rail (CHSR). Combining geographic data on votes in a referendum on the CHSR with a model of its expected economic benefits, we estimate the weight of economic and...
Persistent link: https://www.econbiz.de/10014322825
finance-dependent activity. Loan volumes increase by 20-30% in districts along GQ and are stronger in industries more … dependent upon external finance. Loan growth begins with increases in average branch size and in places with more pre-GQ loan … financial infrastructure shapes how infrastructure investments impact localities …
Persistent link: https://www.econbiz.de/10014337823
Infrastructure costs in the United States are high and rising. The procurement process is one potential cost driver. In … think drive costs. We then assemble a new dataset of project-level infrastructure costs. We correlate the survey practices …
Persistent link: https://www.econbiz.de/10014372462
respect to supply. For world manufacturing trade 2000-2014, China's gains rose 2%yearly and terms of trade fell 8.3%. US gains … fell 2% yearly and terms of trade rose 5.5%. Counterfactual industrial policy that raises US 2014 world sales share by 1 …-parametric sufficient statistics for arbitrage gains from trade and terms of trade, and a non-parametric elasticity of terms of trade with …
Persistent link: https://www.econbiz.de/10013477299