Synopsis
This text examines the complex relationships between infrastructure and the rest of the economy. In particular, it focuses on the contentious issue of whether or not infrastructure investments stimulate productivity growth, as well as on issues of pricing and ownership, and on such development problems as environmental damage. Methods discussed in the book range from traditional production function models and compensating variation approaches to nonlinear methods of dynamic analysis. There is emphasis placed on the ability of these different methods to allow for the complex interdependencies involved. Six of the 15 papers in the book deal with these methodological aspects, whereas the remainder address specific cases or examples in a variety of countries (Europe, USA and developing countries).
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Infrastructure and the Complexity of Economic Development (Advances in Spatial Science)
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