Supply side effects of infrastructure spending
2022
Kosmopoulou, Georgia | Press, Robert
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.
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书目信息
出版者
Elsevier B.V.
其它主题
Construction industry; H57; Firm exit; Procurement auctions; D44; Stimulus spending
语言
英语
类型
Journal Article; Text
2024-02-28
MODS