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 … monopoly power influences public capital's productivity effect. We test the model using state-level panel data. We confirm the …

In this paper we examine the effects of publicly financed infrastructure and R&D capital on the cost structure and … productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure … contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity …

between infrastructure and productivity growth remains controversial. In this regard, it is somewhat surprising that … dramatic productivity boost from increased infrastructure outlays. In a specification designed to provide an upper bound for …Researchers, commentators, and politicians have devoted steadily more attention to infrastructure in response to claims …

' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …The impact of public infrastructure investment on the productive performance of firms has been an important focus of … the recent literature on productivity growth. The size of this impact has important implications for policymakers …

In this paper the authors examine the effects of publicly financed infrastructure and R&D capitals on the cost … structure and productivity performance of twelve two-digit U.S. manufacturing industries. The results suggest that there are … their contributions to growth of labor productivity vary over time as well. Not only is the cost function shifted downward …

Our purpose in this paper is to examine how one might evaluate and measure the contribution of public infrastructure … capital on private sector output and productivity growth in Sweden. We do this by specifying and implementing empirically a …, we find that increases in public infrastructure capital, ceteris paribus, reduce private sector costs. We compute that …

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 …