Economic Analysis and Infrastructure Investment

Glaeser Edward L Poterba James M
"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
$162.00

Hardcover

$162.00
Policy makers often call for increased public spending on infrastructure, which can include a broad range of investments from maintenance on and new construction of roads and bridges to spending on digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others to the long-term effects of infrastructure spending on productivity and economic growth. This volume explores the links between infrastructure investment and economic outcomes and analyzes key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to the allocation of risk in such projects. The volume provides a reference for researchers seeking to expand the study of infrastructure issues and for policy makers tasked with determining the appropriate level of infrastructure spending.
More Information
Publisher University of Chicago Press
ISBN-10 022680058X
ISBN-13 9780226800585
GTIN-13 9780226800585
GTIN-14 09780226800585
Series National Bureau of Economic Research Conference Report
Author Glaeser Edward L|Poterba James M
Edition 1
Language Code eng
Page Count 480
Publication Date Nov 4, 2021
Dimension 6 in 9 in 0 in