Supply side effects of infrastructure spending

Georgia Kosmopoulou and Robert Press

Economics Letters, 2022, vol. 217, issue C

Abstract: 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.

Keywords: Procurement auctions; Stimulus spending; Firm exit (search for similar items in EconPapers)
JEL-codes: D44 H57 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:217:y:2022:i:c:s0165176522002051

DOI: 10.1016/j.econlet.2022.110642

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