IDEAS home Printed from https://ideas.repec.org/p/ags/ffispa/277659.html
   My bibliography  Save this paper

Economically Efficient Composition of Rural Infrastructure Investment

Author

Listed:
  • Burton, Mark
  • Wilson, Wesley W.

Abstract

Public sentiment routinely supports public-sector investment in infrastructure. Moreover, this view exists in both rural and metropolitan settings. Often, government is expected to directly support or, at least, guide the provision of transportation, telecommunications, and various utility services by supplying some or all of the necessary facilities. The current paper, first develops a more precise economic explanation for why public-sector infrastructure investment is economically efficient public policy. Next, by specifically accounting for the spatial nature of network infrastructures and commerce, we describe why many necessary investments must be sited in and/or available to rural communities. Finally, with an admittedly speculative eye to the future, we offer tentative forecasts regarding the nature and value of efficient, forward-looking rural infrastructure outcomes.

Suggested Citation

  • Burton, Mark & Wilson, Wesley W., 2018. "Economically Efficient Composition of Rural Infrastructure Investment," Issue Reports 277659, Farm Foundation.
  • Handle: RePEc:ags:ffispa:277659
    DOI: 10.22004/ag.econ.277659
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/277659/files/BurtonWilsonIR%20Summary.pdf
    Download Restriction: no

    File URL: https://ageconsearch.umn.edu/record/277659/files/FP%20BurtonWilson.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.277659?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

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


    Cited by:

    1. Ivan T. Kandilov & Mitch Renkow, 2020. "The Impacts Of The Usda Broadband Loan And Grant Programs: Moving Toward Estimating A Rate Of Return," Economic Inquiry, Western Economic Association International, vol. 58(3), pages 1129-1145, July.

    More about this item

    Keywords

    Community/Rural/Urban Development;

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ags:ffispa:277659. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/farmfus.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.