Policy makers often call for increased spending on infrastructure, which
can encompass a broad range of investments, from roads and bridges to
digital networks that will expand access to high-speed broadband. Some
point to the near-term macroeconomic benefits, such as job creation,
associated with infrastructure spending; others point to the long-term
effects of such spending on productivity and economic growth.
Economic Analysis and Infrastructure Investment explores the links
between infrastructure investment and economic outcomes, analyzing key
economic issues in the funding and management of infrastructure
projects. It includes new research on the short-run stimulus effects of
infrastructure spending, develops new estimates of the stock of US
infrastructure capital, and explores incentive aspects of public-private
partnerships with particular attention to their allocation of risk. The
volume provides a reference for researchers seeking to study
infrastructure issues and for policymakers tasked with determining the
appropriate level and allocation of infrastructure spending.