International Aspects of Public Infrastructure Investment

Modelling infrastructure as an international public good in a two-country model of trade where each country's social planner behaves strategically, we show that, in general, the equilibrium levels of infrastructure are not optimal from a global perspective. Utilizing an appropriate econometric framework and data from 16 European countries over the period 1987-95, we find evidence that is consistent with the predictions of our model

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Year of publication:	2003
Authors:	Bougheas, Spiros P. ; Demetriades, Panicos O. ; Morgenroth, Edgar L. W.
Publisher:	[S.l.] : SSRN
Subject:	Schätzung \| Estimation \| Infrastrukturinvestition \| Infrastructure investment \| Theorie \| Theory \| EU-Staaten \| EU countries \| Standortwettbewerb \| Territorial competition

Extent:	1 Online-Ressource (17 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Canadian Journal of Economics, Vol. 36, pp. 884-910, November 2003
Classification:	F10 - Trade. General ; F42 - International Policy Coordination and Transmission ; H42 - Publicly Provided Private Goods
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014074908