Public Investment in Infrastructure and its Effect on State Economic Growth in Brazil

Client: Research on Infrastructure Investment
Faculty: Amy Ellen Schwartz and Peter Teitelbaum
Team: Michael Fraser, Kavita Kapur, Kalyan Neelamraju, Ivy Nguyen, Sam Teigen
Year: 2006
This research project investigates public investment in infrastructure and its effect on state level economic growth in Brazil. Brazil is currently undergoing a national plan to pave highways. This project examines whether the highway stock, both paved and unpaved, contribute to economic development. The paper utilizes state level annual data from the years 1985 to 2000.