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Infrastructure, suprastructure and ecostructure : a portfolio of sustainable growth potentials

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Author Info
Nijkamp, Peter (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)
Ubbels, Barry

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Abstract

This paper aims to offer a new perspective on the productivity enhancing impact of public capital. In contrast to the majority of the literature which addresses mainly infrastructure effects on national or regional growth, the present contribution argues that a much broader analytical viewpoint is needed which encapsulates also knowledge and research capital (suprastructure) and environmental capital (ecostructure). After a discussion of the state of the art and a critical overview of various caveats in a traditional approach, a new evaluation framework is presented. A qualitative test on the validity of the new approach is conducted by means of a comparative case study analysis.

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Publisher Info
Paper provided by VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics in its series Serie Research Memoranda with number 0051.

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Date of creation: 1999
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Handle: RePEc:dgr:vuarem:1999-51

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Web page: http://www.feweb.vu.nl

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Find related papers by JEL classification:
H40 - Public Economics - - Publicly Provided Goods - - - General
Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General

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  1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-37, October. [Downloadable!] (restricted)
  2. Munnell, Alicia H, 1992. "Infrastructure Investment and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 6(4), pages 189-98, Fall. [Downloadable!] (restricted)
  3. Martin, Philippe & Rogers, Carol Ann, 1995. "Industrial location and public infrastructure," Journal of International Economics, Elsevier, vol. 39(3-4), pages 335-351, November. [Downloadable!] (restricted)
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  4. Rietveld, Piet, 1989. "Infrastructure and Regional Development: A Survey of Multiregional Economic Models," The Annals of Regional Science, Springer, vol. 23(4), pages 255-74.
  5. Robert E. Lucas, Jr., 1989. "On the Mechanics of Economic Development," NBER Reprints 1176, National Bureau of Economic Research, Inc.
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  6. Peter Nijkamp & Jacques Poot, 1997. "Spatial Perspectives on New Theories of Economic Growth," Tinbergen Institute Discussion Papers 97-056/3, Tinbergen Institute.
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