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.

引用

页数：4

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