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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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File URL: http://www-sre.wu-wien.ac.at/ersa/ersaconfs/ersa98/papers/95.pdf
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Bibliographic Info

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. 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.
  2. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
  3. Aschauer, David Alan, 1989. "Does public capital crowd out private capital?," Journal of Monetary Economics, Elsevier, vol. 24(2), pages 171-188, September.
  4. Bruinsma, F., 1995. "The impact of new infrastructure on the spatial patterns of economic activities," Serie Research Memoranda 0012, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
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  7. Okuno, Nobuhiro & Yagi, Tadashi, 1990. "Public investment and interregional output-income inequalities," Regional Science and Urban Economics, Elsevier, vol. 20(3), pages 377-393, November.
  8. Robert Eisner, 1991. "Infrastructure and regional economic performance: comment," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 47-58.
  9. Hulten, Charles R. & Schwab, Robert M., 1993. "Infrastructure Spending: Where Do We Go From Here?," National Tax Journal, National Tax Association, vol. 46(3), pages 261-73, September.
  10. Cohn, Elchanan & Costa, Jose da Silva, 1986. "Equity and Efficiency Effects of Intergovernmental Aid: The Case of Portugal," Public Finance = Finances publiques, , vol. 41(1), pages 42-62.
  11. Bruinsma, F. & Nijkamp, P. & Rietveld, P., 1989. "Employment impacts of infrastructure investments : a case study for the Netherlands," Serie Research Memoranda 0051, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  12. Nadiri, M Ishaq & Mamuneas, Theofanis P, 1994. "The Effects of Public Infrastructure and R&D Capital on the Cost Structure and Performance of U.S. Manufacturing Industries," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 22-37, February.
  13. Taylor, Leon, 1992. "Infrastructural competition among jurisdictions," Journal of Public Economics, Elsevier, vol. 49(2), pages 241-259, November.
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  15. repec:fth:coluec:394 is not listed on IDEAS
  16. Lynde, Catherine, 1992. "Private profit and public capital," Journal of Macroeconomics, Elsevier, vol. 14(1), pages 125-142.
  17. Biehl, Dieter, 1980. "Determinants of Regional Disparities and the Role of Public Finance," Public Finance = Finances publiques, , vol. 35(1), pages 45-71.
  18. Vickerman, R W, 1995. "The Regional Impacts of Trans-European Networks," The Annals of Regional Science, Springer, vol. 29(2), pages 237-54, May.
  19. Bruinsma, F. & Nijkamp, P. & Rietveld, P., 1990. "Infrastructure and metropolitan development in an international perspective : survey and methodological exploration," Serie Research Memoranda 0056, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  20. 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.
  21. 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.
  22. 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.
  23. 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.
  24. 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.
  25. 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.
  26. Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-96, September.
  27. 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.
  28. R.W. Vickerman, 1994. "Transport Infrastructure and Region Building in the European Community," Journal of Common Market Studies, Wiley Blackwell, vol. 32(1), pages 1-24, 03.
  29. Randall W. Eberts, 1990. "Public infrastructure and regional economic development," Economic Review, Federal Reserve Bank of Cleveland, issue Q I, pages 15-27.
  30. 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.
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