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  • 标题:Infrastructure Spending as Fiscal Stimulus: Assessing the Evidence
  • 本地全文:下载
  • 作者:Sylvain Leduc ; Daniel Wilson
  • 期刊名称:Review of Economics and Institutions
  • 印刷版ISSN:2038-1379
  • 出版年度:2014
  • 卷号:5
  • 期号:1
  • 页码:24
  • DOI:10.5202/rei.v5i1.154
  • 语种:English
  • 出版社:University of Perugia
  • 摘要:Transportation spending often plays a prominent role in government efforts to stimulate the economy during downturns. Yet, despite the frequent use of transportation spending as a form of fiscal stimulus, there is little known about its short- or medium-run effectiveness. Does it translate quickly into higher employment and economic activity or does it impact the economy only slowly over time? This paper reviews the empirical findings in the literature for the United States and other developed economies and compares the effects of transportation spending to those of other types of government spending.
  • 关键词:infrastructure; highways; fiscal policy; economic activity
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