Regional macroeconomic outcomes under alternative arrangements for the financing of public infrastructure
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Giesecke, James A, Dixon, Peter and Rimmer, Maureen T (2007) Regional macroeconomic outcomes under alternative arrangements for the financing of public infrastructure. Papers in Regional Science, 87 (1). pp. 3-31. ISSN 1056-8190 (print) 1435-5957 (online)
Abstract
We use a dynamic multi-regional CGE model (MMRF) to evaluate the regional macroeconomic consequences of four methods of financing a program of regional government infrastructure provision. The methods are developer charges, debt, payroll tax and residential rates. We demonstrate that the net gains from a program of public infrastructure development are quite sensitive to the chosen financing means. The net gains are greatest under rates and debt financing, and least under developer charges and payroll tax financing.
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| Item type | Article |
| URI | https://vuir.vu.edu.au/id/eprint/24641 |
| DOI | 10.1111/j.1435-5957.2007.00147.x |
| Official URL | http://onlinelibrary.wiley.com/doi/10.1111/j.1435-... |
| Subjects | Historical > FOR Classification > 1205 Urban and Regional Planning Historical > FOR Classification > 1402 Applied Economics Historical > Faculty/School/Research Centre/Department > College of Business Current > Division/Research > Centre of Policy Studies (CoPS) |
| Keywords | dynamic multi-regional CGE model, infrastructure finance, regional policy |
| Citations in Scopus | 6 - View on Scopus |
| Download/View statistics | View download statistics for this item |
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