We analyze public investment in social infrastructure using a two-period model in which a government must intermediate all infrastructure investment. Voters choose a government from two alternative types, high quality and low quality. A high quality government obtains higher returns on infrastructure but also demands a bigger consumption payoff for intermediating investment, implying higher tax...

Investment in infrastructure is recognized as a key enabler of economic prosperity, but it is also important for addressing social and environmental challenges, including climate change mitigation and addressing fuel poverty. The UK Government Strategy Investing in Britain’s Future argues that significant investment in “resilient, cost effective and sustainable energy supplies” is needed to mee...

The main aim of this paper is to assess whether investment in infrastructure and broader institutional infrastructure reforms have been reflected in better infrastructure performance indicators across transition economies. Our econometric analysis shows that at the enterprise level the reduction of utility arrears is significantly associated to lower costs in terms of interruption of power and ...

Residential broadband options such as cable and digital subscriber lines are growing in popularity. However, evidence suggests that urban areas are receiving the majority of infrastructure investment, thereby leaving many rural locations with few options for broadband access. With access to telecommunication infrastructure becoming an increasingly important component to local economic developme...