The DOI matches its Crossref record; 11 of the 11 references it cites were found in a registry or an index.
Infrastructure in a structural model of economic growth
Open accessAbstract
Researchers, commentators, and politicians have devoted steadily more attention to infrastructure in response to claims that inadequate accumulation of public capital has contributed to substandard US economic growth. Despite this, the link between infrastructure and productivity growth remains controversial. In this regard, it is somewhat surprising that infrastructure research has developed in isolation from the large literature on economic growth. We develop a neoclassical growth model that explicitly incorporates infrastructure and is designed to provide a tractable framework within which to analyze the empirical importance of public capital accumulation to productivity growth. We find little support for claims of a dramatic productivity boost from increased infrastructure outlays. In a specification designed to provide an upper bound for the influence of infrastructure, we estimate that raising the rate of infrastructure investment would have had a negligible impact on annual productivity growth between 1971 and 1986.
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Cites
A Contribution to the Empirics of Economic Growth
Mankiw, N. G., Romer, D., & Weil, D. N. (1992) · The Quarterly Journal of Economics · doi:10.2307/2118477 · Cited by 15,119
Is public expenditure productive?
Aschauer, D. A. (1989) · Journal of Monetary Economics · doi:10.1016/0304-3932(89)90047-0 · Cited by 5,431
Estimating Vector Autoregressions with Panel Data
Holtz-Eakin, D., Newey, W., & Rosen, H. S. (1988) · Econometrica · doi:10.2307/1913103 · Cited by 4,239
Self-citationThe Review of Economics and Statistics
Dorfman, R. (1997) · Economic Theory and Public Decisions · doi:10.4337/9781035334919.00011 · Cited by 1,540
Public-Sector Capital and the Productivity Puzzle
Holtz-Eakin, D. (1992) · National Bureau of Economic Research · doi:10.3386/w4122 · Cited by 791
Self-citationHow Does Public Infrastructure Affect Regional Economic Performance
Munnell, A. H. (1990) · RePEc: Research Papers in Economics · Cited by 746
State Infrastructure and Productive Performance
Morrison, C., & Schwartz, A. E. (1992) · National Bureau of Economic Research · doi:10.3386/w3981 · Cited by 516
Self-citationThe contribution of publicly provided inputs to states' economies
Garcia-Milà, T., & McGuire, T. J. (1992) · Regional Science and Urban Economics · doi:10.1016/0166-0462(92)90013-q · Cited by 493
PUBLIC CAPITAL FORMATION AND THE GROWTH OF REGIONAL MANUFACTURING INDUSTRIES
HULTEN, C. R., & SCHWAB, R. M. (1991) · National Tax Journal · doi:10.1086/ntj41788927 · Cited by 281
Is there a shortfall in public capital investment
Munnell, A. H. (1990) · Medical Entomology and Zoology · Cited by 171
Cited by
Does public infrastructure affect economic activity?
Chandra, A., & Thompson, E. (2000) · Regional Science and Urban Economics · doi:10.1016/s0166-0462(00)00040-5 · Cited by 678
INFRASTRUCTURE, LONG‐RUN ECONOMIC GROWTH AND CAUSALITY TESTS FOR COINTEGRATED PANELS
CANNING, D., & PEDRONI, P. (2008) · The Manchester School · doi:10.1111/j.1467-9957.2008.01073.x · Cited by 421
Does infrastructure investment lead to economic growth or economic fragility? Evidence from China
Ansar, A., Flyvbjerg, B., Budzier, A., & Lunn, D. (2016) · Oxford Review of Economic Policy · doi:10.1093/oxrep/grw022 · Cited by 351
Meta-analysis of the effect of fiscal policies on long-run growth
Nijkamp, P., & Poot, J. (2004) · European Journal of Political Economy · doi:10.1016/j.ejpoleco.2003.10.001 · Cited by 275
Metadata
- Authors
- Holtz-Eakin, D., & Schwartz, A. E.
- Venue
- Regional Science and Urban Economics
- Publisher
- Elsevier BV
- Published
- 1995-04
- Volume
- 25
- Issue
- 2
- Pages
- 131-151
- ISSN
- 0166-0462 (ISSN-L)
- OpenAlex
- W2008000814
- Cited by
- 276
- References
- 11
- FWCI
- 17.98
- Type
- journal article
- Language
- en
- Open access
- hybrid
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
