This paper examines the impact of the provision of public transport infrastructure on the cost structure of the Australian economy within a context that recognises industry agglomeration externalities. The paper extends the symmetric generalised quadratic cost functionby incorporating public...

We study congestion pricing by a government that has redistributive concerns, in the presence of optimal income taxation. Individuals differ in (unobservable) earning ability and consumption technology for commodities using a congestible network (e.g. roads, Internet). We find, assuming...

South Asia and Southeast Asia have been connected for many centuries, with the degree of connectivity varying over time. This paper explores strengthening connectivity between the two subregions by identifying the missing links in transport connectivity. The paper is specifically concerned with...

We examine the economic implications of infrastructure investment policies that try to improve economic conditions in Russia's peripheral regions. Our analysis of firm-level industrial data for 1989 and 2004 highlights a 'death of distance' in industrial location, with increasing concentration...

Im Zeitraum 1992 bis 2005 waren die öffentlichen nfrastrukturinvestitionen in Deutschland rückläufig, danach stiegen sie wieder leicht an. Es stellt sich daher die Frage, ob es sich bei dem Rückgang um eine für entwickelte Volkswirtschaften wie Deutschland typische und deshalb...

En este trabajo se analiza la contribución de las políticas públicas de inversión en capital público y humano al crecimiento de la productividad total de los factores en la UE-15 durante el periodo 1980- 2001. Esta contribución se estima a través de la elaboración de índices de...

En este trabajo se analiza la contribución de las políticas públicas de inversión en capital público y humano al crecimiento de la productividad total de los factores en la UE-15 durante el periodo 1980- 2001. Esta contribución se estima a través de la elaboración de índices de...

The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...

If government revenues from a flat-rate income tax are spent on public factors and public factors are used for human capital production and human capital is used for the production of technical progress, then a higher rate of taxation will lead to a higher rate of technical progress if steady...