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Our troubled highway system -- How the private sector is reinventing America's freeways -- Where America's 20th-century highway model came from -- The rediscovery of toll road companies overseas -- Toll concessions return to America -- The benefits of long-term P3 concessions -- Critics and...
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Americans spend hours every day sitting in traffic. And the roads they idle on are often rough and potholed, their exits, tunnels, guardrails, and bridges in terrible disrepair. According to transportation expert Robert Poole, this congestion and deterioration are outcomes of the way America...
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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...
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