Abstract
This article reviews recent research emphasizing the potential importance of public capital (or infrastructure) to aggregate economic performance, and provides a survey of empirical estimates of the productivity of public capital and of the impact of public capital investment on economic growth.
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Bibliography
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Aschauer, D.A. (2018). Public Capital. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2610
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2610
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Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
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