| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP10988 |
| DP10988 Government quality and the economic returns of transport infrastructure investment in European regions | |
| Andrés Rodríguez-Pose; Riccardo Crescenzi; Marco Di Cataldo | |
| 发表日期 | 2015-12-13 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | Transport infrastructure investment is a cornerstone of growth-promoting strategies. However, in the case of Europe the relevant literature is increasingly failing to find a clear link between infrastructure investment and economic performance. This may be a consequence of overlooking the role of government institutions. This paper assesses the connection between regional quality of government and the returns of different types of road infrastructure in EU regions during the period between 1995 and 2009. The results unveil a strong influence of regional quality of government on the economic returns of transport infrastructure. In weak institutional contexts, investments in motorways ? the preferred option by local governments ? yield significantly lower returns than the more humble but possibly more efficient secondary road. Government institutions also affect the returns of transport maintenance investment. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Economic growth Europe Government quality Institutions Public capital investment Regions Transport infrastructure |
| URL | https://cepr.org/publications/dp10988 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539817 |
| 推荐引用方式 GB/T 7714 | Andrés Rodríguez-Pose,Riccardo Crescenzi,Marco Di Cataldo. DP10988 Government quality and the economic returns of transport infrastructure investment in European regions. 2015. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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