How Federal Spending for Infrastructure and Other Public Investments Affects the Economy

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ISBN 13 :
Total Pages : 122 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis How Federal Spending for Infrastructure and Other Public Investments Affects the Economy by : United States. Congressional Budget Office

Download or read book How Federal Spending for Infrastructure and Other Public Investments Affects the Economy written by United States. Congressional Budget Office and published by . This book was released on 1991 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Effects of Federal Spending on Infrastructure and Other Investments

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis The Economic Effects of Federal Spending on Infrastructure and Other Investments by : Melissa Burman

Download or read book The Economic Effects of Federal Spending on Infrastructure and Other Investments written by Melissa Burman and published by . This book was released on 1998 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

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ISBN 13 :
Total Pages : 101 pages
Book Rating : 4.:/5 (847 download)

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Book Synopsis How Federal Spending for Infrastructure and Other Public Investments Affects the Economy by : Etats-Unis. Congress. Congressional Budget Office

Download or read book How Federal Spending for Infrastructure and Other Public Investments Affects the Economy written by Etats-Unis. Congress. Congressional Budget Office and published by . This book was released on 1991 with total page 101 pages. Available in PDF, EPUB and Kindle. Book excerpt:

How Federal Spending for Infrastructure and Other Public Investments Affects the Economy

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Publisher :
ISBN 13 :
Total Pages : 99 pages
Book Rating : 4.:/5 (612 download)

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Book Synopsis How Federal Spending for Infrastructure and Other Public Investments Affects the Economy by : United States. Congressional Budget Office

Download or read book How Federal Spending for Infrastructure and Other Public Investments Affects the Economy written by United States. Congressional Budget Office and published by . This book was released on 1991 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economic Effects of Federal Spending on Infrastructure and Other Investments

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (946 download)

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Book Synopsis The Economic Effects of Federal Spending on Infrastructure and Other Investments by :

Download or read book The Economic Effects of Federal Spending on Infrastructure and Other Investments written by and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth in the productivity of the U.S. economy declined significantly after 1973, compared with the average rate between 1948 and 1973. Some observers argue that an increase in federal spending on infrastructure, education and training, and research and development (R & D) could lead to a significant increase in economic growth. As the near-term outlook for the federal budget improves and the Congress considers how to allocate expected surpluses among tax cuts, spending, and debt reduction, proposals for increases in those categories of federal spending have gained additional prominence. This paper from the Congressional Budget Office (CBO), written in response to a request from the Senate Committee on the Budget, reviews the available data on the economic value of federal investments in infrastructure, education and training, and R & D. It focuses on empirical evidence produced since July 1991, when CBO last analyzed the issue in the study How Federal Sp ending for Infrastructure and Other Public Investments Affects the Economy.

Biographical information on Robert Logan Jack

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (767 download)

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Book Synopsis Biographical information on Robert Logan Jack by :

Download or read book Biographical information on Robert Logan Jack written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Highway Infrastructure and the Economy

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Publisher : Rand Corporation
ISBN 13 : 0833052268
Total Pages : 120 pages
Book Rating : 4.8/5 (33 download)

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Book Synopsis Highway Infrastructure and the Economy by : Howard J Shatz

Download or read book Highway Infrastructure and the Economy written by Howard J Shatz and published by Rand Corporation. This book was released on 2011-05 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Analysis and Infrastructure Investment

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Publisher : University of Chicago Press
ISBN 13 : 022680058X
Total Pages : 479 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser

Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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"--

Public Infrastructure and Growth

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Publisher : World Bank Publications
ISBN 13 :
Total Pages : 59 pages
Book Rating : 4./5 ( download)

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Book Synopsis Public Infrastructure and Growth by : Pierre-Richard Agénor

Download or read book Public Infrastructure and Growth written by Pierre-Richard Agénor and published by World Bank Publications. This book was released on 2006 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Economic Analysis of Infrastructure Investment

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Publisher : DIANE Publishing
ISBN 13 : 1437941125
Total Pages : 28 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Economic Analysis of Infrastructure Investment by : Timothy F. Geithner

Download or read book Economic Analysis of Infrastructure Investment written by Timothy F. Geithner and published by DIANE Publishing. This book was released on 2011 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Macroeconomic Effects of Public Investment

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Publisher : International Monetary Fund
ISBN 13 : 1484361555
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis The Macroeconomic Effects of Public Investment by : Mr.Abdul Abiad

Download or read book The Macroeconomic Effects of Public Investment written by Mr.Abdul Abiad and published by International Monetary Fund. This book was released on 2015-05-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting output in countries with higher public investment efficiency and when it is financed by issuing debt.

The Welfare Multiplier of Public Infrastructure Investment

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Publisher : International Monetary Fund
ISBN 13 : 1475516673
Total Pages : 27 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Welfare Multiplier of Public Infrastructure Investment by : Mr.Giovanni Ganelli

Download or read book The Welfare Multiplier of Public Infrastructure Investment written by Mr.Giovanni Ganelli and published by International Monetary Fund. This book was released on 2016-02-29 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Public Works, Public Wealth

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Publisher : CSIS
ISBN 13 : 9780892064786
Total Pages : 26 pages
Book Rating : 4.0/5 (647 download)

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Book Synopsis Public Works, Public Wealth by : Everett Ehrlich

Download or read book Public Works, Public Wealth written by Everett Ehrlich and published by CSIS. This book was released on 2005 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's infrastructure policy is at a crossroads, caught between rising demands and outdated programs to address them. Airports, highways, ports, and harbors are severely congested. Drinking water and wastewater facilities, bridges, dams and school buildings are in poor condition. The cost of these failures is great: time is lost to delay, commerce is impeded, business productivity is compromised, and lives are threatened. Yet federal investment in public infrastructure has decreased steadily as a share of both the economy and federal spending over the past two decades. The risk of under investment is only part of the equation. Of equal or greater concern is the prospect that the investments we make are not the right ones. Our nation's infrastructure policy favors new construction even when maintenance, renovation, and improved management offer better responses to the problem. Infrastructure policy favors politics over sound investment principles. And as our programs fail to change in response to new realities, additional spending will be progressively less able to solve our infrastructure problems. This report outlines the considerations involved in rethinking infrastructure policy--the types of infrastructure needed, the technology for providing it, and the sophistication of the various actors involved. It makes a case for folding public school buildings into the national infrastructure policy framework. Finally, the report presents a plan to restructure the federal role in infrastructure provision that would improve returns on public investment and strengthen America's economic foundations for the twenty-first century.

Infrastructure in the 21st Century Economy

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ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Infrastructure in the 21st Century Economy by : Cameron Gordon

Download or read book Infrastructure in the 21st Century Economy written by Cameron Gordon and published by . This book was released on 1993 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Investing in Public Infrastructure

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Publisher : International Monetary Fund
ISBN 13 : 1475598491
Total Pages : 44 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Investing in Public Infrastructure by : Manoj Atolia

Download or read book Investing in Public Infrastructure written by Manoj Atolia and published by International Monetary Fund. This book was released on 2017-05-04 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do governments in developing economies invest in roads and not enough in schools? In the presence of distortionary taxation and debt aversion, the different pace at which roads and schools contribute to economic growth turns out to be central to this decision. Specifically, while costs are front-loaded for both types of investment, the growth benefits of schools accrue with a delay. To put things in perspective, with a “big push,” even assuming a large (15 percent) return differential in favor of schools, the government would still limit the fraction of the investment scale-up going to schools to about a half. Besides debt aversion, political myopia also turns out to be a crucial determinant of public investment composition. A “big push,” by accelerating growth outcomes, mitigates myopia—but at the expense of greater risks to fiscal and debt sustainability. Tied concessional financing and grants can potentially mitigate the adverse effects of both debt aversion and political myopia.

Unbound

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Publisher :
ISBN 13 : 0674919319
Total Pages : 305 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis Unbound by : Heather Boushey

Download or read book Unbound written by Heather Boushey and published by . This book was released on 2019 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.

Investing in America's Infrastructure

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Publisher :
ISBN 13 :
Total Pages : 400 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Investing in America's Infrastructure by : United States. Congress. House. Committee on Public Works and Transportation. Subcommittee on Economic Development

Download or read book Investing in America's Infrastructure written by United States. Congress. House. Committee on Public Works and Transportation. Subcommittee on Economic Development and published by . This book was released on 1993 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: