Fixing Swiss potholes: the importance of improvements
This note sheds new light on the dynamic properties of maintenance and repair and examines the behavior of an additional form of capital spending-that of improvements. The analysis examines a unique long-run data set on Swiss road spending.
|Date of creation:||2003|
|Publication status:||Published in Economic Letters, June 2003, 79(3), pp. 409-15|
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