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The productive role of public infrastructure: A critical review of recent literature

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Jose da Silva Costa ()

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Abstract

The publication of two empirical articles by Aschauer in 1989 brought a renewed interest in the study of the productive role of public infrastructure. Since then, many empirical studies as well as a few surveys have been published not only in regional science journals but also in main stream economics journals. The interest in the subject and the controversy are both high, which constitute two major ingredients for our critical review of recent literature. Our purpose in this paper is to evaluate the recent contributions identifying approaches followed, results obtained, major shortcomings of the empirical evidence produced, areas of strong controversy and promising methodologies for future research.

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Paper provided by European Regional Science Association in its series ERSA conference papers with number ersa98p95.

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Date of creation: Aug 1998
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Handle: RePEc:wiw:wiwrsa:ersa98p95

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  1. Shah, Anwar, 1992. "Dynamics of Public Infrastructure, Industrial Productivity and Profitability," The Review of Economics and Statistics, MIT Press, vol. 74(1), pages 28-36, February. [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. Lynde, Catherine, 1992. "Private profit and public capital," Journal of Macroeconomics, Elsevier, vol. 14(1), pages 125-142. [Downloadable!] (restricted)
  4. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March. [Downloadable!] (restricted)
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  5. Conrad, Klaus & Seitz, Helmut, 1994. "The Economic Benefits of Public Infrastructure," Applied Economics, Taylor and Francis Journals, vol. 26(4), pages 303-11, April.
  6. Alicia H. Munnell & Leah M. Cook, 1990. "How does public infrastructure affect regional economic performance?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 11-33.
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  7. Holtz-Eakin, Douglas, 1994. "Public-Sector Capital and the Productivity Puzzle," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 12-21, February. [Downloadable!] (restricted)
  8. Vickerman, R W, 1995. "The Regional Impacts of Trans-European Networks," The Annals of Regional Science, Springer, vol. 29(2), pages 237-54, May.
  9. Bruinsma, F., 1995. "The impact of new infrastructure on the spatial patterns of economic activities," Serie Research Memoranda 0012, Free University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
  10. M. Ishaq Nadiri & Theofanis P. Mamuneas, 1994. "The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries," NBER Working Papers 3887, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  11. Rafael Flores de Frutos & Alfredo M. Pereira, 1993. "Public Capital and Aggregate Growth in the United States: Is Public Capital Productive?," University of California at San Diego, Economics Working Paper Series 93-31, Department of Economics, UC San Diego.
  12. Seitz, Helmut, 1993. "A Dual Economic Analysis of the Benefits of the Public Road Network," The Annals of Regional Science, Springer, vol. 27(3), pages 223-39, September.
  13. E. Judge & K.M. Gwilliam, 1976. "Economic impact of primary roads--What kind of evidence," Regional Studies, Taylor and Francis Journals, vol. 10(4), pages 483-484, December. [Downloadable!] (restricted)
  14. Aschauer, David Alan, 1989. "Does public capital crowd out private capital?," Journal of Monetary Economics, Elsevier, vol. 24(2), pages 171-188, September. [Downloadable!] (restricted)
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  15. Button, Kenneth J, et al, 1995. "Transport and Industrial and Commercial Location," The Annals of Regional Science, Springer, vol. 29(2), pages 189-206, May.
  16. Evans, Paul & Karras, Georgios, 1994. "Is government capital productive? Evidence from a panel of seven countries," Journal of Macroeconomics, Elsevier, vol. 16(2), pages 271-279. [Downloadable!] (restricted)
  17. Andersson, Ake E. & Anderstig, Christer & Harsman, Bjorn, 1990. "Knowledge and communications infrastructure and regional economic change," Regional Science and Urban Economics, Elsevier, vol. 20(3), pages 359-376, November. [Downloadable!] (restricted)
  18. Randall W. Eberts, 1990. "Public infrastructure and regional economic development," Economic Review, Federal Reserve Bank of Cleveland, issue Q I, pages 15-27. [Downloadable!]
  19. Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-96, September. [Downloadable!] (restricted)
  20. Nijkamp, Peter & Rienstra, Sytze A, 1995. "Private Sector Involvement in Financing and Operating Transport Infrastructure," The Annals of Regional Science, Springer, vol. 29(2), pages 221-35, May.
  21. Robert Looney & Peter Frederiksen, 1981. "The regional impact of infrastructure investment in Mexico," Regional Studies, Taylor and Francis Journals, vol. 15(4), pages 285-296, August. [Downloadable!] (restricted)
  22. Holtz-Eakin, D., 1988. "Private Output, Government Capital, And The Infrastructure Crisis," Discussion Papers 1988_08, Columbia University, Department of Economics.
  23. Forslund, Ulla M & Johansson, Borje, 1995. "Assessing Road Investments: Accessibility Changes, Cost Benefit and Production Effects," The Annals of Regional Science, Springer, vol. 29(2), pages 155-74, May.
  24. Rietveld, Piet & Boonstra, Jaap, 1995. "On the Supply of Network Infrastructure: Highways and Railways in European Regions," The Annals of Regional Science, Springer, vol. 29(2), pages 207-20, May.
  25. Alicia H. Munnell, 1990. "Why has productivity growth declined? Productivity and public investment," New England Economic Review, Federal Reserve Bank of Boston, issue Jan, pages 3-22.
  26. Taylor, Leon, 1992. "Infrastructural competition among jurisdictions," Journal of Public Economics, Elsevier, vol. 49(2), pages 241-259, November. [Downloadable!] (restricted)
  27. Lynde, Catherine & Richmond, J, 1993. "Public Capital and Total Factor Productivity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 34(2), pages 401-14, May. [Downloadable!] (restricted)
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