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Book Cover
E-book

Title Economic analysis and infrastructure investment / Edward L. Glaeser and James M. Poterba [editors]
Published Chicago : University of Chicago Press, 2021

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Description 1 online resource (479 pages)
Series National Bureau of Economic Research Conference Report
National Bureau of Economic Research conference report.
Contents Frontmatter -- Relation of the Directors to the Work and Publications of the NBER -- Contents -- Acknowledgments -- Introduction -- 1. Measuring Infrastructure in BEA's National Economic Accounts -- 2. Can America Reduce Highway Spending? Evidence from the States -- 3. Transportation Infrastructure in the US -- 4. The Macroeconomic Consequences of Infrastructure Investment -- 5. Procurement Choices and Infrastructure Costs -- 6. When and How to Use Public- Private Partnerships in Infrastructure: Lessons from the International Experience -- 7. A Fair Value Approach to Valuing Public Infrastructure Projects and the Risk Transfer in Public- Private Partnerships -- 8. Digital Infrastructure -- Contributors -- Author Index -- Subject Index
Summary "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"-- Provided by publisher
Notes Description based upon print version of record
Bibliography Includes bibliographical references and index
Subject Infrastructure (Economics) -- United States
Government spending policy -- United States.
Economic development -- United States
BUSINESS & ECONOMICS / General.
Economic development
Economic history
Government spending policy
Infrastructure (Economics)
SUBJECT United States -- Economic conditions -- 21st century
Subject United States
Form Electronic book
Author Glaeser, Edward L. (Edward Ludwig), 1967- editor.
Poterba, James M., editor.
ISBN 022680061X
9780226800615