Economic Analysis and Infrastructure Investment
Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. 

Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.
1138984172
Economic Analysis and Infrastructure Investment
Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. 

Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.
145.99 In Stock
Economic Analysis and Infrastructure Investment

Economic Analysis and Infrastructure Investment

Economic Analysis and Infrastructure Investment

Economic Analysis and Infrastructure Investment

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Overview

Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. 

Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.

Product Details

ISBN-13: 9780226800615
Publisher: University of Chicago Press
Publication date: 11/11/2021
Series: National Bureau of Economic Research Conference Report
Sold by: Barnes & Noble
Format: eBook
Pages: 480
File size: 19 MB
Note: This product may take a few minutes to download.

About the Author

Edward L. Glaeser is the Fred and Eleanor Glimp Professor of Economics at Harvard University and a research associate and director of the working group on urban economics at the National Bureau of Economic Research. James M. Poterba is the Mitsui Professor of Economics at the Massachusetts Institute of Technology (MIT) and president and chief executive officer of the National Bureau of Economic Research.

Table of Contents

Acknowledgments

 

Introduction

Edward L. Glaeser and James M. Poterba

1. Measuring Infrastructure in BEA’s National Economic Accounts

Jennifer Bennett, Robert Kornfeld, Daniel Sichel, and David Wasshausen

Comment: Peter Blair Henry

2. Can America Reduce Highway Spending? Evidence from the States

Leah Brooks and Zachary Liscow

Comment: Clifford Winston

3. Transportation Infrastructure in the US

Gilles Duranton, Geetika Nagpal, and Matthew A. Turner

Comment: Stephen J. Redding

4. The Macroeconomic Consequences of Infrastructure Investment

Valerie A. Ramey

Comment: Jason Furman

5. Procurement Choices and Infrastructure Costs

Dejan Makovšek and Adrian Bridge

Comment: Shoshana Vasserman

6. When and How to Use Public-Private Partnerships in Infrastructure: Lessons from the International Experience

Eduardo Engel, Ronald D. Fischer, and Alexander Galetovic

Comment: Keith Hennessey

7. A Fair Value Approach to Valuing Public Infrastructure Projects and the Risk Transfer in Public-Private Partnerships

Deborah Lucas and Jorge Jimenez Montesinos

Comment: R. Richard Geddes

8. Digital Infrastructure

Shane Greenstein

Comment: Catherine Tucker

 

Contributors

Author Index

Subject Index

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