Supply side effects of infrastructure spending

被引：0
|
作者：
Kosmopoulou, Georgia [1 ]
Press, Robert [2 ]
机构：
[1] Univ Oklahoma, Dept Econ, 308 Cate Ctr Dr,CCD1, Norman, OK 73019 USA
[2] Georgetown Univ, Ctr Business & Publ Policy, McDonough Sch Business, 3700 O St NW, Washington, DC 20057 USA
来源：
ECONOMICS LETTERS | 2022年 / 217卷
基金：
美国国家科学基金会;
关键词：
Procurement auctions; Stimulus spending; Firm exit;
D O I：
10.1016/j.econlet.2022.110642
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We study the impact of stimulus infrastructure spending on the road construction industry. We find that a decline in private construction during the Great Recession led to a marketable increase in firm participation in the road construction industry. This short-term change in participation translated into longer-term benefits for the survival of firms in this concentrated industry. Infrastructure spending increased market competitiveness even after the funds were expended. (C) 2022 Elsevier B.V. All rights reserved.
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页数：4
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