1995
DOI: 10.1086/467323
|View full text |Cite
|
Sign up to set email alerts
|

The Politics of Infrastructure

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3
1
1

Citation Types

1
59
0

Year Published

2002
2002
2018
2018

Publication Types

Select...
5
4

Relationship

0
9

Authors

Journals

citations
Cited by 87 publications
(60 citation statements)
references
References 15 publications
1
59
0
Order By: Relevance
“…David Aschauer's seminal work prompted a number of economists to argue that public investment led to significant increases in productivity and a net positive effect on the economy [30]. By contrast, critics charge that infrastructure projects furnish less than marginal benefits and are little more than "subterfuge for pork-barrel politics" [31]. Further, the complexities of fiscal federalism-in particular the typically "long process of planning, bidding, contracting, construction and evaluation" and coordination between federal, state, and local governments "can make the economic benefits from government investment difficult to synchronize with the business cycle" [32].…”
Section: The Political Economy Of Governmental Stimulus: Monetary Andmentioning
confidence: 99%
“…David Aschauer's seminal work prompted a number of economists to argue that public investment led to significant increases in productivity and a net positive effect on the economy [30]. By contrast, critics charge that infrastructure projects furnish less than marginal benefits and are little more than "subterfuge for pork-barrel politics" [31]. Further, the complexities of fiscal federalism-in particular the typically "long process of planning, bidding, contracting, construction and evaluation" and coordination between federal, state, and local governments "can make the economic benefits from government investment difficult to synchronize with the business cycle" [32].…”
Section: The Political Economy Of Governmental Stimulus: Monetary Andmentioning
confidence: 99%
“…The lack of trust in the government is translated into higher cost of capital and finally into tariffs. 28 In other words, public-private partnerships end up being more expensive than they need to be.…”
Section: Oversight and Regulationmentioning
confidence: 99%
“…While Rogoff's hypothesis that public spending shifts towards more visible current expenditures has been tested before in the context of the study of fiscal policy decisions around elections (Vergne, 2009;Katsimi and Sarantides, 2012;Gupta, Liu and Mulas Granados, 2016), we argue it can also shed light on the decision to adapt fiscal policy to changing economic circumstances. Finally, by focusing on policymaker's incentives in relation to their time or planning horizons, we contribute to an empirical literature emphasizing the intertemporal dimension of economic policymaking in general (Jalles, Mulas Granados and Tavares, 2017;Tommasi, Scartascini and Stein, 2014), and fiscal policy in particular Case, 1995 and2003;Crain and Oakley, 1995;Nogare and Ricciuti, 2011).…”
Section: Introductionmentioning
confidence: 99%