This Element investigates how the Ghanaian household wealth index is impacted by travel time reduction, which is a direct effect of infrastructural investments from 2000 to 2016. The wealth index is constructed based on the possession of selected assets and reflects the well-being of residents...

The recent debates on infrastructure spending have led to renewed interest in the measurement of infrastructure and its effects on growth and well-being. This paper updates estimates of one important type of infrastructure capital—highways and streets. We compare BEA's capital measures with...

This paper builds on a previous paper by the authors (Kornfeld and Fraumeni, 2022) that primarily used U.S. Federal Highway Administration Highway Statistics data to disaggregate investment in highways and streets into more detailed types to produce updated estimates of net wealth stocks and...

Without self-sustaining commerce, developing countries cannot move towards the recognition of basic human rights and twenty-first century living standards. The purpose of this article is to explore the legal and economic theories of taxation and tariffs applied to the elements of civic...

Governments and their multilateral partners are increasingly recognizing the importance of incorporating climate and disaster resilience considerations into infrastructure development plans as well as the related construction and financing decisions. The potential medium- and long-term benefits...

The toolkit contains three modules covering the major climate entry points (i.e., alignment with climate policies; incorporation of climate considerations in the project selection; and appraisal of climate effects in the project's economics and financing), followed by a fourth module that...

This paper uses four decades of panel data on Brazilian municipalities to study the separate and joint impacts of highway and electricity infrastructure access on local economic outcomes. The identification strategy employs difference-in-difference estimators with staggered adoption design and...