English, Article edition: WIFO White Paper: Macroeconomic Aspects of Transport Infrastructure Investments Wilfried Puwein

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Physical Description
  • article
Language
  • English

Edition details

Title
  • WIFO White Paper: Macroeconomic Aspects of Transport Infrastructure Investments
Author
  • Wilfried Puwein
Physical Description
  • article
Notes
  • Austria is well endowed with a well-developed transport infrastructure. Nevertheless, regularly occurring congestion in the urban areas and transit routes during vacation periods and inadequate transport links to its eastern neighbours make it necessary to further expand the country's road and rail network. Investment in transport infrastructure frequently is used as a measure to stimulate the economy. Such investment, however, is subject to the law of diminishing returns: the more capital-intensive it becomes the lower will be its effects on employment.
  • WIFO-Weißbuch Verkehrsinfrastruktur Gesamtwirtschaftliche Aspekte Österreich
  • RePEc:wfo:monber:y:2007:i:9:p:747-759
Language
  • English
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