IDEAS home Printed from https://ideas.repec.org/a/spr/anresc/v32y1998i1p145-162.html
   My bibliography  Save this article

original: Infrastructure investment, endogenous growth and economic convergence

Author

Listed:
  • Kenneth Button

    (The Institute of Public Policy, George Mason University, Fairfax, VA 22030, USA)

Abstract

There has been a recent resurgence of interest in regional growth theory. One strand of this has been the work on endogenous growth processes and the natural potential for regional economic convergence. On the other hand, the appearance of a seminal paper by Aschauer in the late 1980s linking productivity growth to infrastructure provision provided arguments for a rethinking of the role of public policy in stimulating regional development. In particular this latter work offered a case for enhanced public sector activity at a time when mainstream economists favored a greater role for the private sector, a lowering of the tax burden and a liberal stance on regulation. The empirical findings have subsequently been the subject of further analysis and the theories which could potentially underpin them have been reviewed. This paper examines the links between this work on the importance of public capital and that on the role of endogenous growth processes.

Suggested Citation

  • Kenneth Button, 1998. "original: Infrastructure investment, endogenous growth and economic convergence," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 32(1), pages 145-162.
  • Handle: RePEc:spr:anresc:v:32:y:1998:i:1:p:145-162
    as

    Download full text from publisher

    File URL: http://link.springer.de/link/service/journals/00168/papers/8032001/80320145.pdf
    Download Restriction: Access to the full text of the articles in this series is restricted

    File URL: http://link.springer.de/link/service/journals/00168/papers/8032001/80320145.ps.gz
    Download Restriction: Access to the full text of the articles in this series is restricted

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Salvador Barrios & Holger Goerg & Eric Strobl, 2003. "Explaining Firms' Export Behaviour: R&D, Spillovers and the Destination Market," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, pages 475-496.
    2. Gassmann, Oliver & von Zedtwitz, Maximilian, 1999. "New concepts and trends in international R&D organization," Research Policy, Elsevier, vol. 28(2-3), pages 231-250, March.
    3. Jan Fagerberg, 1988. "International Competitiveness," Working Papers Archives 1988001, Centre for Technology, Innovation and Culture, University of Oslo.
    4. Fagerberg, Jan, 1988. "International Competitiveness," Economic Journal, Royal Economic Society, vol. 98(391), pages 355-374, June.
    5. Jaffe, Adam B, 1989. "Real Effects of Academic Research," American Economic Review, American Economic Association, vol. 79(5), pages 957-970, December.
    6. Martin Andersson & Olof Ejermo, 2008. "Technology Specialization And The Magnitude And Quality Of Exports," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 17(4), pages 355-375.
    7. Börje Johansson & Johan Klaesson & Michael Olsson, 2002. "Time distances and labor market integration," Papers in Regional Science, Springer;Regional Science Association International, pages 305-327.
    8. Jan Fagerberg, 1996. "Technology and Competitiveness," Working Papers Archives 1996548, Centre for Technology, Innovation and Culture, University of Oslo.
    9. Wakelin, Katharine, 1998. "Innovation and export behaviour at the firm level," Research Policy, Elsevier, vol. 26(7-8), pages 829-841, April.
    10. Fagerberg, Jan, 1996. "Technology and Competitiveness," Oxford Review of Economic Policy, Oxford University Press, vol. 12(3), pages 39-51, Autumn.
    11. Giovanni Amendola & Giovanni Dosi & Erasmo Papagni, 1993. "The dynamics of international competitiveness," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 129(3), pages 451-471, September.
    12. Andersson, Martin & Karlsson, Charlie, 2004. "Regional Innovation Systems in Small & Medium-Sized Regions A Critical Review & Assessment," Working Paper Series in Economics and Institutions of Innovation 10, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    13. Andersson, Martin & Gråsjö, Urban, 2006. "On the specification of regression models with spatial dependence - an application of the accessibility concept," Working Paper Series in Economics and Institutions of Innovation 51, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Button, Kenneth & Taylor, Samantha, 2000. "International air transportation and economic development," Journal of Air Transport Management, Elsevier, vol. 6(4), pages 209-222.
    2. Niels Bosma & Mirjam van Praag & Roy Thurik & Gerrit de Wit, 2004. "The Value of Human and Social Capital Investments for the Business Performance of Startups," Small Business Economics, Springer, pages 227-236.
    3. Rodriguez-Oreggia, Eduardo & Rodriguez-Pose, Andres, 2004. "The Regional Returns of Public Investment Policies in Mexico," World Development, Elsevier, vol. 32(9), pages 1545-1562, September.
    4. Andrea Bonilla Bolaños, 2016. "A step further in the theory of regional integration: A look at the Unasur's integration strategy," Working Papers 1617, Groupe d'Analyse et de Théorie Economique Lyon St-Étienne (GATE Lyon St-Étienne), Université de Lyon.
    5. repec:gam:jecomi:v:5:y:2017:i:3:p:27-:d:105700 is not listed on IDEAS
    6. Brown, Stephen P. A. & Hayes, Kathy J. & Taylor, Lori L., 2003. "State and Local Policy, Factor Markets, and Regional Growth," The Review of Regional Studies, Southern Regional Science Association, pages 40-60.
    7. Feng Xie & David Levinson, 2009. "Governance choice on a serial network," Public Choice, Springer, vol. 141(1), pages 189-212, October.
    8. Melo, Patricia C. & Graham, Daniel J. & Noland, Robert B., 2009. "A meta-analysis of estimates of urban agglomeration economies," Regional Science and Urban Economics, Elsevier, vol. 39(3), pages 332-342, May.
    9. Massimo Florio (ed.), 2011. "Public Investment, Growth and Fiscal Constraints," Books, Edward Elgar Publishing, number 14155, April.
    10. Nijkamp, Peter & Poot, Jacques, 2004. "Meta-analysis of the effect of fiscal policies on long-run growth," European Journal of Political Economy, Elsevier, vol. 20(1), pages 91-124, March.
    11. Alain Trannoy, 2011. "Equity Dimensions of Transport Policy," Chapters,in: A Handbook of Transport Economics, chapter 26 Edward Elgar Publishing.
    12. Celbis M.G. & Crombrugghe D.P.I. de, 2014. "Can internet infrastructure help reduce regional disparities? : evidence from Turkey," MERIT Working Papers 078, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    13. Kenneth Button, 2011. "The Economist’s Perspective on Regional Endogenous Development," Chapters,in: Endogenous Regional Development, chapter 2 Edward Elgar Publishing.
    14. Jiwattanakulpaisarn, Piyapong & Noland, Robert B. & Graham, Daniel J., 2010. "Causal linkages between highways and sector-level employment," Transportation Research Part A: Policy and Practice, Elsevier, vol. 44(4), pages 265-280, May.
    15. Brown, Teresa & McEvoy, Fiona & Ward, John, 2011. "Aggregates in England—Economic contribution and environmental cost of indigenous supply," Resources Policy, Elsevier, vol. 36(4), pages 295-303.
    16. Wigren, Rune & Wilhelmsson, Mats, 2007. "Construction investments and economic growth in Western Europe," Journal of Policy Modeling, Elsevier, vol. 29(3), pages 439-451.
    17. Piyapong Jiwattanakulpaisarn & Robert B. Noland & Daniel J. Graham, 2012. "Marginal Productivity of Expanding Highway Capacity," Journal of Transport Economics and Policy, University of Bath, vol. 46(3), pages 333-347, September.
    18. Papadaskalopoulos, Athanasios & Karaganis, Anastasios & Christofakis, Manolis, 2005. "The spatial impact of EU Pan-European transport axes: City clusters formation in the Balkan area and developmental perspectives," Transport Policy, Elsevier, vol. 12(6), pages 488-499, November.
    19. Anne Margarian, 2013. "A Constructive Critique of the Endogenous Development Approach in the European Support of Rural Areas," Growth and Change, Wiley Blackwell, vol. 44(1), pages 1-29, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:anresc:v:32:y:1998:i:1:p:145-162. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.