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We analyse the impacts that infrastructure provision has on long run urban development. The topic is of major … importance to policy-makers when deciding whether or not to invest in major infrastructure projects. The analysis helps policy …-makers to understand the intended, and potentially unintended, long run consequences of their infrastructure investment …
Persistent link: https://www.econbiz.de/10011503535
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
Persistent link: https://www.econbiz.de/10013259656
This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …
Persistent link: https://www.econbiz.de/10010434094
public infrastructure. The latter is financed solely by either taxing the input of fossil fuels (carbon tax) or capital. The …
Persistent link: https://www.econbiz.de/10012063117
Calderon and Serven provide an empirical evaluation of the impact of infrastructure development on economic growth and … include, among the regressors, infrastructure quantity and quality indicators, in addition to standard controls. To account … for the potential endogeneity of infrastructure (as well as that of other regressors), the authors use a variety of …
Persistent link: https://www.econbiz.de/10012749062
This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …
Persistent link: https://www.econbiz.de/10013043210
This study examines an extension of the Hotelling model of spatial competition in which there are two separated linear cities with two roads connecting them at the edges of the cities. Initially, the cost of passing them for consumers is too high so they are impassible, but one of them is...
Persistent link: https://www.econbiz.de/10012869584
This study offers new insights into fiscal policy management by providing an alternative to the traditional way of estimating guarantee It therefore takes away the need for guesswork amongst policy makers in estimating contingent liability. The findings confirm the long held belief that...
Persistent link: https://www.econbiz.de/10012934066
Persistent link: https://www.econbiz.de/10009699567