How Federal Spending For Infrastructure And Other Public Investments Affects The Economy


How Federal Spending For Infrastructure And Other Public Investments Affects The Economy
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The Economic Effects Of Federal Spending On Infrastructure And Other Investments


The Economic Effects Of Federal Spending On Infrastructure And Other Investments
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Author : Melissa Burman
language : en
Publisher:
Release Date : 1998

The Economic Effects Of Federal Spending On Infrastructure And Other Investments written by Melissa Burman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Government spending policy categories.


Written in response to a request from the Senate Committee on the Budget, this paper reviews the available data on the economic value of federal investments in infrastructure, education and training, and R&D. It focuses on the empirical evidence produced since July 1991, when CBO last analyzed the issue in the study "How federal spending for infrastructure and other public investments affects the economy."



How Federal Spending For Infrastructure And Other Public Investments Affects The Economy


How Federal Spending For Infrastructure And Other Public Investments Affects The Economy
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Author : United States. Congressional Budget Office
language : en
Publisher:
Release Date : 1991

How Federal Spending For Infrastructure And Other Public Investments Affects The Economy written by United States. Congressional Budget Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Federal aid to research categories.




How Federal Spending For Infrastructure And Other Public Investments Affects The Economy


How Federal Spending For Infrastructure And Other Public Investments Affects The Economy
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Author : United States. Congressional Budget Office
language : en
Publisher:
Release Date : 1991

How Federal Spending For Infrastructure And Other Public Investments Affects The Economy written by United States. Congressional Budget Office and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with categories.




Well Spent


Well Spent
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Author : Mr.Gerd Schwartz
language : en
Publisher: International Monetary Fund
Release Date : 2020-09-03

Well Spent written by Mr.Gerd Schwartz and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-09-03 with Business & Economics categories.


Drawing on the Fund’s analytical and capacity development work, including Public Investment Management Assessments (PIMAs) carried out in more than 60 countries, the new book Well Spent: How Strong Infrastructure Governance Can End Waste in Public Investment will address how countries can attain quality infrastructure outcomes through better infrastructure governance—an issue becoming increasingly important in the context of the Great Lockdown and its economic consequences. It covers critical issues such as infrastructure investment and Sustainable Development Goals, controlling corruption, managing fiscal risks, integrating planning and budgeting, and identifying best practices in project appraisal and selection. It also covers emerging areas in infrastructure governance, such as maintaining and managing public infrastructure assets and building resilience against climate change.



Economic Analysis And Infrastructure Investment


Economic Analysis And Infrastructure Investment
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Author : Edward L. Glaeser
language : en
Publisher: University of Chicago Press
Release Date : 2021-11-11

Economic Analysis And Infrastructure Investment written by Edward L. Glaeser and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-11 with Business & Economics categories.


"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"--



Highway Infrastructure And The Economy


Highway Infrastructure And The Economy
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Author : Howard J Shatz
language : en
Publisher: Rand Corporation
Release Date : 2011-05

Highway Infrastructure And The Economy written by Howard J Shatz and has been published by Rand Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05 with Business & Economics categories.


To inform debate on a new transportation bill being considered, the authors review the literature on the economic outcomes of highway infrastructure spending, which constitutes the largest share of federal spending on transportation infrastructure. They highlight the connections between highway spending and the economy and then analyze the literature to trace the effects of highway infrastructure on productivity, output, and employment.



The Welfare Multiplier Of Public Infrastructure Investment


The Welfare Multiplier Of Public Infrastructure Investment
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Author : Mr.Giovanni Ganelli
language : en
Publisher: International Monetary Fund
Release Date : 2016-02-29

The Welfare Multiplier Of Public Infrastructure Investment written by Mr.Giovanni Ganelli and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-02-29 with Business & Economics categories.


We analyze the welfare multipliers of public spending (the consumption equivalent change in welfare for one dollar change in public spending) in a DSGE model. The welfare multipliers of public infrastructure investment are positive if infrastructure is sufficiently effective. When the medium-term output multipliers are consistent with the empirical estimates (1-1.4), the welfare multiplier is 0.8. That is, a dollar spent by the government for investment raises domestic welfare by equivalent of 0.8 dollars of private consumption. This suggests that the welfare gains of public infrastructure investment, if chosen wisely, may be substantial.



Infrastructure And Economic Growth In Asia


Infrastructure And Economic Growth In Asia
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Author : John Cockburn
language : en
Publisher: Springer
Release Date : 2013-12-05

Infrastructure And Economic Growth In Asia written by John Cockburn and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-05 with Business & Economics categories.


Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries, since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.



Infrastructure In The 21st Century Economy


Infrastructure In The 21st Century Economy
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Author : Cameron Gordon
language : en
Publisher:
Release Date : 1993

Infrastructure In The 21st Century Economy written by Cameron Gordon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Infrastructure (Economics) categories.




Public Infrastructure And Growth


Public Infrastructure And Growth
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Author : Pierre-Richard Agénor
language : en
Publisher: World Bank Publications
Release Date : 2006

Public Infrastructure And Growth written by Pierre-Richard Agénor and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Children categories.


Abstract: This paper provides an overview of the various channels through which public infrastructure may affect growth. In addition to the conventional productivity, complementarity, and crowding-out effects typically emphasized in the literature, the impact of infrastructure on investment adjustment costs, the durability of private capital, and the production of health and education services are also highlighted. Effects on health and education are well documented in a number of microeconomic studies, but macroeconomists have only recently begun to study their implications for growth. Links between health, infrastructure, and growth are illustrated in an endogenous growth model with transitional dynamics, and the optimal allocation of public expenditure is discussed. The concluding section draws implications of the analysis for the design of strategies aimed at promoting growth and reducing poverty.