Showing 1 - 10 of 1,188
Urban infrastructure development and maintenance needs in the United States are not being met. Likewise many U.S. cities have been slow to adopt innovative new procurement models for infrastructure development and smart city programs despite their apparent benefits. This paper assesses the...
Persistent link: https://www.econbiz.de/10012947864
We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
Persistent link: https://www.econbiz.de/10010478609
Infrastructure costs in the United States are high and rising. The procurement process is one potential cost driver. In this paper we conduct a survey of procurement practices across the 50 states. We survey both employees at each state department of transportation (DOT) and the road builders...
Persistent link: https://www.econbiz.de/10014372462
There are existing legal systems that embody planned resiliency. One of these is the “multiple-use” paradigm, which instructs resource managers to manage resources to maximize their multiple uses. Despite this built-in resiliency, the agencies charged with such management have not been able...
Persistent link: https://www.econbiz.de/10014170632
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different types of infrastructure spending and linkages between...
Persistent link: https://www.econbiz.de/10012801569
This paper quantifies the causal effect of capital status on road network integration of U.S.micro/metropolitan statistical areas. Road network integration is defined using a class of measurements that evaluate how well a location is connected to all other locations through the National Highway...
Persistent link: https://www.econbiz.de/10012800593
The European Union coordinates and co-finances supra-national transport infrastructure investments in the Trans-European Transport Network (TEN-T) which consist of road, rail, airport, and port infrastructure. To the best of our knowledge, we are the first to quantify the direct and indirect...
Persistent link: https://www.econbiz.de/10012230968
We pose the problem of managing the interstate as an optimal capital stock problem and define user cost as the charge per vehicle mile travelled that rationalizes observed investments in lane miles and pavement quality. We find that user cost is the sum of the opportunity cost of lane miles,...
Persistent link: https://www.econbiz.de/10014226186
In recent years, there has been an increasing focus by policymakers on rural infrastructure in the United States, including most recently tax credits to encourage investment. Previous work has documented the importance of railroad expansion for nineteenth century development, and demonstrated...
Persistent link: https://www.econbiz.de/10014155467
This paper explores patterns of governance and public finance in development through dissecting the substantiation of transportation infrastructure. We propose three propositions: modern society has increasing demands for government in promoting socio-economic progress; infrastructure is the...
Persistent link: https://www.econbiz.de/10013131253