This paper presents a New Economic Geography model with distortionary taxation and endogenized trade costs. Tax revenues finance a public good, infrastructure. We show that the introduction of costly public investment in infrastructure increases agglomerative tendencies. With respect to the regions’ sizes, in the periphery, the price-index for manufacturing goods decreases, whereas for the core...

Over the past decade, infrastructure issues intermittently have moved toward the forefront of the domestic policy agenda. The coming year promises to intensify debate. By September 1991, Congress must re-authorize the federal highway program. Unlike past re-authorizations, this time Congress almost certainly will have to set new priorities and incorporate new principles of cost sharing for high...

The central argument of this study is that given the magnitude of the investment in infrastructure that is required, especially in Africa, the role of foreign aid in the future should be distinctly different. While aid will be required to continue to fill the ‘savings gap’ in some small countries and land-locked countries, in most other countries aid can play a very different role in facilitati...

This study attempts to quantify the links between infrastructure investment and poverty reduction using a multi-region general equilibrium model, supplemented with household survey data for the Greater Mekong Subregion (GMS). Infrastructure investment is an important step in economic development, with improvements in transportation infrastructure boosting economic opportunities throughout the r...

Investment in information technology (IT) infrastructure has in recent years become a strategic organizational choice. Yet, there exists little understanding of the organizational factors that determine IT infrastructure capabilities and investment requirements. Using a filed survey of both business and IT executives, this study tests a research model that links a set of organizational factors ...

Investment in information technology (IT) infrastructure has in recent years become a strategic organizational choice. Yet, there exists little understanding of the organizational factors that determine IT infrastructure capabilities and investment requirements. Using a filed survey of both business and IT executives, this study tests a research model that links a set of organizational factors ...