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• W2093552120 abstract "We present a theoretical framework for determining the short- and long-run effects of infrastructure. While the short-run effects have been the focus of most previous studies, here we derive long-run elasticities by taking into account the adjustment of quasi-fixed inputs to their optimum levels. By considering the impact of infrastructure on private investment decisions, we observe how, apart from the direct effect on costs in the short-run, infrastructure exerts an indirect source of influence in the long-run through their effect on private capital. The model is applied to manufacturing industries in the Spanish regions." @default.
• W2093552120 created "2016-06-24" @default.
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• W2093552120 date "2002-01-01" @default.
• W2093552120 modified "2023-10-01" @default.
• W2093552120 title "Public infrastructure and the performance of manufacturing industries: short- and long-run effects" @default.
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• W2093552120 doi "https://doi.org/10.1016/s0166-0462(00)00058-2" @default.
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