This paper summarizes economic research on investment in public infrastructure and introduces the findings of several … in building, financing, and operating infrastructure, including limitations of private capital markets, externalities …, and the control of natural monopolies. It then describes the conditions that characterize an optimal infrastructure …

Infrastructure provides critical support for economic activity, and assessing its role requires reliable measures. This … paper provides an overview of U.S. infrastructure data in the National Economic Accounts. After developing definitions of … basic, social, and digital infrastructure, we assess trends in each of these categories and their components. Results are …

Public-private partnerships (PPPs) are increasingly used to provide infrastructure services. Even though PPPs have the …

Infrastructure concessions are frequently renegotiated after investments are sunk, resulting in better contractual … apparent holdup. We argue that they are used by political incumbents to anticipate infrastructure spending and thereby increase …

the notion that benefits from infrastructure investments accrue in particular to peripheral regions, which gain access to …

defined. A variant of endogenous growth theory focuses on investments in public infrastructure as a key determinant of …

infrastructure and institutions. Providing clean water and removing refuse requires water and sewer pipes, but the urban poor are … by a penalty-based system. We present a model that illustrates the complementarity between infrastructure and …

Is public sector infrastructure a key determinant of productivity? Traditional, project-based analyses of benefits and … costs typically do not find large rates of return. Proponents of infrastructure spending instead point to regression …-based analyses of the links between private productivity and public infrastructure that imply large productivity effects from public …