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Abstract

In diesem Papier wird untersucht, welche Auswirkungen die Verfügbarkeit von Infrastruktur auf die unternehmerische Investitionsentscheidung hat. Dabei ist unterstellt, dass Infrastruktur zum einen Input in der Produktionsfunktion ist und zum anderen die Höhe der Anpassungskosten beeinflusst. Als formaler Analyserahmen dient ein partialanalytisches dynamisches Modell. Da die Infrastruktur von Überfüllungseffekten betroffen sein kann, ist neben dem absoluten Umfang auch der vorherrschende Rivalitätsgrad zentral für das resultierende Gleichgewicht. Drei zentrale Einflusskanäle werden identifiziert: ein Produktions-, ein Anpassungskosten- und ein Niveaueffekt. Es zeigt sich, dass eine Ausweitung des Umfangs an Infrastruktur Investitionen in Kapital eindeutig erhöht, wohingegen vom Rivalitätsgrad uneindeutige Effekte auf die unternehmerische Investitionsentscheidung ausgehen.

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File URL: http://www3.wiwi.uni-hannover.de/Forschung/Diskussionspapiere/dp-329.pdf
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Bibliographic Info

Paper provided by Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät in its series Diskussionspapiere der Wirtschaftswissenschaftlichen Fakultät der Leibniz Universität Hannover with number dp-329.

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Length: 27 pages
Date of creation: Jan 2006
Date of revision:
Handle: RePEc:han:dpaper:dp-329

Contact details of provider:
Postal: Koenigsworther Platz 1, D-30167 Hannover
Phone: (0511) 762-5350
Fax: (0511) 762-5665
Web page: http://www.wiwi.uni-hannover.de/
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Related research

Keywords: productive governmental spendings; capital adjustment; congestion;

Find related papers by JEL classification:

• D92 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Firm Choice and Growth, Financing, Investment, and Capacity
• D62 - Microeconomics - - Welfare Economics - - - Externalities
• H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
• R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

This paper has been announced in the following NEP Reports:

• NEP-ALL-2006-01-24 (All new papers)

References

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