HOW FEDERAL SPENDING FOR INFRASTRUCTURE AND OTHER PUBLIC INVESTMENTS AFFECTS THE ECONOMY

This study examines the effect on the economy of three broad classes of federal investment spending: physical infrastructure, including programs for transportation and environmental facilities; human capital, including programs that increase the skills and productive knowledge that people bring to their jobs; and intangible capital, such as research and development. Within each of these categories, the study examines trends in spending, discusses the rationales for that spending, and reviews evidence on the contribution of public investment to economic performance.

• Corporate Authors:

  Congressional Budget Office

  Second and D Streets, SW
  Washington, DC  United States  20515
• Authors:
  • Deich, M
  • Beider, P
  • Smith, R
  • Moore, David
  • Sturrock, J
  • Webre, P
• Publication Date: 1991-7

Media Info

• Features: Figures; Tables;
• Pagination: 119 p.

Subject/Index Terms

• TRT Terms: Development; Economic impacts; Expenditures; Federal government; Human resources management; Infrastructure; Investments; Research; Return on investment; Transportation; Trend (Statistics)
• Uncontrolled Terms: Human resources; Research and development
• Subject Areas: Administration and Management; Economics; Finance; Research; Society; Transportation (General); I10: Economics and Administration;

Filing Info

• Accession Number: 00611871
• Record Type: Publication
• Files: TRIS
• Created Date: Aug 31 1991 12:00AM