Accession Number : ADA295912

Title :   Infrastructure in the 21st Century Economy. Volume 1. The Dimensions of Public Works Effects on Growth and Industry.

Descriptive Note : Interim rept.,

Corporate Author : ARMY ENGINEER INST FOR WATER RESOURCES FORT BELVOIR VA

Personal Author(s) : Gordon, Cameron

PDF Url : ADA295912

Report Date : FEB 1994

Pagination or Media Count : 64

Abstract : This interim report is a follow-up to a July 1993 publication entitled "Infrastructure in the 21st Century Economy: A Review of the Issues and Outline of a Study of the Impacts of Federal Infrastructure Investments" (IWR Report 93-FIS-4). That first report described the beginning of the effort in which the Corps presented a "strawman" scope of work to three different panels composed of professional economists and other staff from Federal Agencies, Congress and academia, and solicited participation in devising a concrete research plan. This report describes developments since that initial workplan was articulated and is printed in three volumes. This volume (Volume 1) contains an overview of the research effort as it is now being implemented, namely three related research tracks to capture the different dimensions of infrastructure's effects on the economy. These tracts are: a Computable General Equilibrium (CGE) approach; an econometric cost function/productivity approach; and an endogenous dynamic growth approach.

Descriptors :   *ECONOMIC ANALYSIS, *INDUSTRIES, *ECONOMIC IMPACT, CONGRESS, INVESTMENTS, IMPACT, DYNAMICS, GROWTH(GENERAL), CONCRETE, EQUILIBRIUM(GENERAL), PLANNING, RESEARCH MANAGEMENT.

Subject Categories : Administration and Management
      Economics and Cost Analysis
      Mfg & Industrial Eng & Control of Product Sys

Distribution Statement : APPROVED FOR PUBLIC RELEASE