A comparative analysis of funding schemes for public infrastructure spending in Quebec

C-Tier
Journal: Applied Economics
Year: 2014
Volume: 46
Issue: 22
Pages: 2653-2664

Authors (4)

Score contribution per author:

0.251 = (α=2.01 / 4 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The economic literature has been investigating the positive relation between public infrastructure spending and the productivity of the private sector since Munnell (1992). We have introduced this relationship into a recursive dynamic computable general equilibrium model of the Quebec economy to investigate various funding schemes to scale up infrastructure spending in the province. We draw our assumptions from Estache <italic>et al.</italic> (2010) combined with sectoral elasticity parameters. We conduct a comparative analysis where the funding comes from debt alone, and debt with sales tax, income tax and business tax. Our main finding is that the income tax seems to produce the most positive effects and the businesses tax the most negative effects, though differences are small.

Technical Details

RePEc Handle
repec:taf:applec:v:46:y:2014:i:22:p:2653-2664
Journal Field
General
Author Count
4
Added to Database
2026-01-24