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

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  • Nijkamp, Peter

    (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)

  • Ubbels, Barry

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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Bibliographic 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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  1. Paul M Romer, 1999. "Increasing Returns and Long-Run Growth," Levine's Working Paper Archive 2232, David K. Levine.
  2. Martin, Philippe & Rogers, Carol Ann, 1995. "Industrial location and public infrastructure," Journal of International Economics, Elsevier, vol. 39(3-4), pages 335-351, November.
  3. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
  4. M van Geenhuizen & P Nijkamp, 1998. "Potentials for East - West integration: the case of foreign direct investment," Environment and Planning C: Government and Policy, Pion Ltd, London, vol. 16(1), pages 105-120, February.
  5. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
  6. Matilde Mas & Joaquin Maudos & Francisco Perez & Ezequiel Uriel, 1996. "Infrastructures and Productivity in the Spanish Regions," Regional Studies, Taylor & Francis Journals, vol. 30(7), pages 641-649.
  7. Alicia H. Munnell, 1992. "Policy Watch: Infrastructure Investment and Economic Growth," Journal of Economic Perspectives, American Economic Association, vol. 6(4), pages 189-198, Fall.
  8. Peter Nijkamp & Jacques Poot, 1998. "original: Spatial perspectives on new theories of economic growth," The Annals of Regional Science, Springer, vol. 32(1), pages 7-37.
  9. 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.
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