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This paper investigates how the services of public capital affect the different sectors of private economy in Italy …. For this purpose, we use a trans-logarithmic cost function which includes infrastructure’s services as a quasi-fixed free …
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Consumers should pay directly for many services furnished by the public sector, particularly such congestible services as roads or water and sewerage provided to easily identifiable users. However, these goods are often funded or partly subsidized through general taxes. Politicians seldom opt...
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This study explores the role of governance in improving infrastructure reliability. It estimates that increasing … infrastructure spending and improving governance in parallel is six times more effective at enhancing transport system performance … infrastructure maintenance is as effective as 1.5 dollar of new investments in many OECD economies. Overall, the evidence in this …
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