Roads versus schooling: Growth effects of government choices

Topics in Macroeconomics

Volumn 5, Issue 1, 2005, Pages

  Rioja, Felix K ^a  

^a GEORGIA STATE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 21244452757     PISSN: 15345998     EISSN: 15345998     Source Type: Journal    
DOI: 10.2202/1534-5998.1084     Document Type: Review

References (46)

1. Aschauer, D., 1989, Is public expenditure productive? Journal of Monetary Economics 23, 177-200.
2. Baier, S., J. Bergstrand and G. Glomm, 2003, Can Tax Cuts and Public Investment in Education Influence Long-run Growth? Manuscript.
3. Baier, S. L. and G. Glomm, 2001, Long-run growth and welfare effects of public policies with distortionary taxation, Journal of Economic Dynamics and Control 25, 2007-2042.
4. Barro, R., 1990. Government spending in a simple model of endogenous growth, Journal of Political Economy 98, S103-S125.
5. Batina, R., 1999, On the Long Run Effect of Public Capital on Aggregate Output: Estimation and Sensitivity Analysis, Empirical Economics 24, no. 4, 711-718.
6. Betts, J., 1996, Is there a link between school inputs and earnings? Fresh scrutiny of an old literature, in Burtless, G. ed. Does Money Matter? The effect of school resources on student achievement and adult success, Washington, D.C. Brookings Institution Press.
7. Canning, D., 1998, A database of world stocks of infrastructure, 1950-1995, World Bank Economic Review 12, no.3. 529-547.
8. _., 1999, "The contribution of infrastructure to aggregate output," World Bank Policy Research Paper no. 2246, Washington, DC.
9. Canning, D. and E. Bannathan, 2000, "The Social Rate of Return to Infrastructure Investments," World Bank Development Research Group, Working Paper #2390.
10. Canning, D. and M. Fay, 1993, The effect of transportation networks on economic growth. Columbia University Working Paper.
11. Card, D. and A. Krueger, 1992, Does school quality matter? returns to education and the characteristics of public schools in the United States. Journal of Political Economy 100, 1-40.
12. Cassou, S. P. and K. J. Lansing, 1998, Optimal fiscal policy, public capital, and the productivity slowdown, Journal of Economic Dynamics and Control, 22, no.6, 911-935.
13. Demetriades, P. O. and T. P. Mamuneas, 2000, Intertemporal output and employment effects of public infrastructure capital: evidence from 12 OECD economies, The Economic Journal 110, no. 465, 687-712.
14. Devarajan, S., D. Xie, and H. Zou, 1998, Should public capital be subsidized or provided?, Journal of Monetary Economics 41, 319-331.
15. Diamond, P.A., 1965, National debt in a neoclassical growth model, American Economic Review 55, 1126-1150.
16. Domenech, R. and J. R. Garcia, 2002, Optimal taxation and public expenditure in a model of endogenous growth, Topics in Macroeconomics, 2, no.1, article 3.
17. Easterly, W., 2001, The Elusive Quest for Growth, (MIT Press, Cambridge, Massachusetts).
18. Easterly, W. and S. Rebelo, 1993, Fiscal policy and economic growth: an empirical investigation, Journal of Monetary Economics 32, 417-458.
19. Elias, V., 1992, Sources of growth: a study of seven Latin American economies, (ICS Press, San Francisco, CA).
20. Fay, M., 2001, Financing the Future: Infrastructure needs in Latin America, 2000-05, Working Paper no. 2545, The World Bank.
21. Feng, Y., J. Kugler, and P. Zak, 2000, The politics of fertility and economic development, International Studies Quarterly 44, 667-693.
22. Fernald, J., 1999, Roads to prosperity: Assessing the links between public capital and productivity, American Economic Review 89, no.3, 619-638.
23. Ghate, C. and P. Zak, 2002, Growth of government and the politics of fiscal policy. Structural Change and Economic Dynamics 13, 435-455.
24. Glomm, G. and B. Ravikumar, 1994, Public investment in infrastructure in a simple growth model, Journal of Economic Dynamics and Control 18, 1173-1187.
25. Glomm, G. and B. Ravikumar, 1997, Productive government expenditures and long-run growth, Journal of Economic Dynamics and Control 21, 183-204.
26. Government Financial Statistics 2001, CD-Rom, International Monetary Fund, Washington, DC.
27. Hanusek, E., 1986, The economics of schooling: Production and efficiency in public schools, Journal of Economic Literature 24, 1141-1177.
28. _, 1996, School resources and student performance in Burtless, G. ed. Does Money Matter? The effect of school resources on student achievement and adult success, Washington, D.C. Brookings Institution Press.
29. Hedges, L. V. and R. Greenwald, 1996, Have times changed? The relationship between school resources and student performance, in Burtless, G. ed. Does Money Matter? The effect of school resources on student achievement and adult success, Washington, D.C. Brookings Institution Press.
30. Holtz-Eakin, D. and A.E. Schwartz, 1995, Infrastructure in a structural model of economic growth, Regional Science and Urban Economics 25, pp, 131-151.
31. Hulten, C., 1996, Infrastructure capital and economic growth: how well you use it may be more important than how much you have, NBER Working Paper No. 5847.
32. Jones, L.E., R.E., Manuelli, and P.E. Rossi, 1993, Optimal taxation in model of endogenous growth, Journal of Political Economy 101, no.3, 485-517.
33. Krueger, A., 1968, Factor endowments and per capita income differences among countries, Economic Journal 78, 641-659.
34. Lucas, R. E., Jr., 1987, Models of Business Cycles, (Basil Blockwell Ltd., Oxford, UK).
35. Martinez-Vazquez, J. and J. Xu, 2001, Institutional challenges in financing road maintenance, Georgia State University, mimeograph.
36. Morrison, C. J. and A.E. Schwartz, 1996, State Infrastructure and productive performance, American Economic Review 86, no.5, 1095-111.
37. Munnell, A. H., 1992, Infrastructure investment and economic growth, Journal of Economic Perspectives 6, 189-198.
38. Nadiri, M.I. and T.P. Mamuneas, 1994, The effects of public infrastructure and R&D capital on the cost structure and performance of U.S. manufacturing industries, Review of Economics and Statistics 76, 22-37.
39. Rioja, F.K., 1999, Productiveness and welfare implications of public infrastructure: a dynamic two-sector general equilibrium analysis, Journal of Development Economics 58, 387-404.
40. _, 2003, Filling potholesi macroeconomic effects of maintenance vs, new investments in public infrastructure, Journal of Public Economics 87 (9-10), 2281-2304.
41. Rios-Rull, J-V., 1996, Life-cycle economies and aggregate fluctuations, Review of Economic Studies 63, 465-489.
42. Stiglitz, J. E., 1988, Economics of the Public Sector, (W. W. Norton, New York, NY).
43. Turnovsky, S.,1997, Public and private capital in an endogenously growing open economy, in B.S. Jensen and K. Wong (eds,), Dynamics, Economic Growth, and International Trade Ann Arbon The University of Michigan Press.
44. _, 1999, Productive Government Expenditure in a Stochastically Growing Economy, Macroeconomic Dynamics 3, 544-570.
45. World Development Indicators, 2002, CD-Rom, (The World Bank, Washington, DC).
46. World Development Report, 1994, The World Bonk, Washington, DC.