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Infrastructure, specialization, and economic growth
(2000)
We introduce infrastructure as a cost-reducing technology in Romer's (1987) model of endogenous growth. We show that infrastructure can promote specialization and long-run growth, even though its effect on the latter is ...
Intertemporal output and employment effects of public infrastructure capital: evidence from 12 OECD economies
(2000)
This paper utilises an intertemporal optimisation framework to study the effects of public infrastructure capital on output supply and input demands in 12 OECD countries. We find that in all 12 countries: (i) public capital ...