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Effects of rural electrification on employment : a comment on Dinkelman (2011)
Bensch, Gunther; Gotz, Gunnar; Peters, Jörg - 2020
-electrified regions. We also demonstrate that it is more difficult to disentangle the effects of electricity and road infrastructure than … using geographical variation as a natural experiment for infrastructure evaluation. …
Persistent link: https://www.econbiz.de/10012164700
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Adaptation, Legal Resiliency, and the U.S. Army Corps of Engineers
Flatt, Victor Byers; Tarr, Jeremy - 2012
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
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The Shifting Finance of Electricity Generation
Andonov, Aleksandar; Rauh, Joshua - National Bureau of Economic Research - 2024
Despite the incentives of incumbent domestic listed corporations (DLCs) in the electricity generation industry, private equity, institutional investors, and foreign corporations have played an outsized role in financing the energy transition. These new entrants are twice as likely to create...
Persistent link: https://www.econbiz.de/10014635696
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Volatility Spillovers in Electricity Markets : Evidence from the United States
Pantos, Themistoclis - 2019
should move towards a more integrated market, through legislation reforms and investment in infrastructure, which could …
Persistent link: https://www.econbiz.de/10012867969
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"The Greening of America": neue Dynamik zum Amtsantritt von Präsident Obama
von Hirschhausen, Christian; Holz, Franziska; Kemfert, … - In: DIW Wochenbericht 76 (2009) 3, pp. 46-50
Bisher haben die USA im internationalen Klimaschutzprozess eher eine Bremserrolle gespielt. Der künftige US-Präsident Barack Obama hat nun aber einen Umschwung in der Klima- und Energiepolitik angekündigt. Er hat bereits den prominenten Physik-Nobelpreisträger Steven Chu als Energieminister...
Persistent link: https://www.econbiz.de/10011601942
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The macroeconomic effects of funding U.S. infrastructure
Malley, James R.; Philippopulos, Apostolēs - 2022
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …
Persistent link: https://www.econbiz.de/10012801569
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The role of the construction sector
Kirchberger, Martina - 2018
The construction sector plays a key role in providing structures for economies. This paper surveys the literature on key issues pertaining to the construction sector. It starts by summarizing our knowledge about differences in unit costs across time and space. It then discusses key bottlenecks...
Persistent link: https://www.econbiz.de/10011938180
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The subsidy to infrastructure as an asset class
Andonov, Aleksandar; Kräussl, Roman; Rauh, Joshua - 2018
We investigate the characteristics of infrastructure as an asset class from an investment perspective of a limited … partner. While non U.S. institutional investors gain exposure to infrastructure assets through a mix of direct investments and … private fund vehicles, U.S. investors predominantly invest in infrastructure through private funds. We find that the stream of …
Persistent link: https://www.econbiz.de/10011901262
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The Macroeconomic Effects of Funding U.S. Infrastructure
Malley, James R.; Philippopoulos, Apostolis - 2022
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …
Persistent link: https://www.econbiz.de/10013307758
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Productivity, Private and Public Capital, and Real Wage in the United States 1948-1990
Erenburg, Sharon J. - 1999
This paper examines the relationship between real wages in the United States and productivity. The measure of productivity includes the impact of public capital as well as private capital. Both neo-classical and Keynesian theories predict that real wages increase with increases in the capital...
Persistent link: https://www.econbiz.de/10014207660