International aspects of public infrastructure investment

被引:19
作者
Bougheas, S [1 ]
Demetriades, PO
Morgenroth, ELW
机构
[1] Univ Nottingham, Nottingham NG7 2RD, England
[2] Univ Leicester, Leicester LE1 7RH, Leics, England
[3] Econ & Social Res Inst, Dublin, Ireland
来源
CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE | 2003年 / 36卷 / 04期
关键词
D O I
10.1111/1540-5982.t01-3-00005
中图分类号
F [经济];
学科分类号
02 ;
摘要
Modelling infrastructure as an international public good in a two-country model of trade where each country's social planner behaves strategically, we show that, in general, the equilibrium levels of infrastructure are not optimal from a global perspective. Utilizing an appropriate econometric framework and data from 16 European countries over the period 1987-95, we find evidence that is consistent with the predictions of our model.
引用
收藏
页码:884 / 910
页数:27
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