THE ECONOMICS OF PUBLIC GOODS AND INFRASTRUCTURE September 4: Introduction Required readings (Skim materials. They will be summarized in class): and Torrisi, G. 2009. “Public Infrastructure: Definition, Classification Measurement Issues.” Economics, Management and Financial Markets, 4 (3). Pp.100-124 (pre-publication version: http://mpra.ub.uni-muenchen.de/25850/1/MPRA_paper_25850.pdf) Moteff, J., et al. 2003. Critical Infrastructures: What Makes an Infrastructure Critical? Report for Congress RL31556. Washington, D.C.: The Library of Congress. 29 January 2003. http://www.dtic.mil/cgi-bin/GetTRDoc?AD=ADA467306&Location=U2&doc=GetTRDoc.pdf Suggested readings: Heintz, J. et al. 2009. How Infrastructure Investments Support the U.S. Economy: Employment, Political Economy Research Institute. University of Massachusetts, Productivity, and Growth. Amherst. Canning D. 1998. A Database of World Infrastructure Stocks, 1950-95, Policy Research Working Paper 1929, World Bank, Washington DC. American Society of Civil Engineers. 2013. 2013 Report Cards for America’s Infrastructure. http://www.infrastructurereportcard.org/ September 09: Infrastructure, public goods, and market failure Required readings: Holcombe, R. 1997. A Theory of the Theory of Public Goods. Review of Austrian Economics. 10(1), 1-22. Krueger, A. 1990. Government Failures in Development. Journal of Economic Perspectives. 4 (3): 9-23. Frischmann, B.M. 2005. An Economic Theory of Infrastructure and Commons Management, Minnesota Law Review, 89, 917-1030. (Skim pages 917-979 only) Suggested readings: Mas-Colell, A. et al. 1995. Microeconomic Theory, Oxford University Press. (Chapter 11 only)
THE ECONOMICS OF PUBLIC GOODS AND INFRASTRUCTURE September 4: Introduction Required readings (Skim materials. They will be summarized in class): Torrisi, G. 2009. “Public Infrastructure: Definition, Classification and Measurement Issues.” Economics, Management and Financial Markets, 4 (3). Pp.100-124 (pre-publication version: http://mpra.ub.uni-muenchen.de/25850/1/MPRA_paper_25850.pdf) Moteff, J., et al. 2003. Critical Infrastructures: What Makes an Infrastructure Critical? Report for Congress RL31556. Washington, D.C.: The Library of Congress. 29 January 2003. http://www.dtic.mil/cgi-bin/GetTRDoc?AD=ADA467306&Location=U2&doc=GetTRDoc.pdf Suggested readings: Heintz, J. et al. 2009. How Infrastructure Investments Support the U.S. Economy: Employment, Productivity, and Growth. Political Economy Research Institute. University of Massachusetts, Amherst. Canning D. 1998. A Database of World Infrastructure Stocks, 1950-95, Policy Research Working Paper 1929, World Bank, Washington DC. American Society of Civil Engineers. 2013. 2013 Report Cards for America’s Infrastructure. http://www.infrastructurereportcard.org/ September 09: Infrastructure, public goods, and market failure Required readings: Holcombe, R. 1997. A Theory of the Theory of Public Goods. Review of Austrian Economics. 10(1), 1-22. Krueger, A. 1990. Government Failures in Development. Journal of Economic Perspectives. 4 (3): 9-23. Frischmann, B.M. 2005. An Economic Theory of Infrastructure and Commons Management, Minnesota Law Review, 89, 917-1030. (Skim pages 917-979 only) Suggested readings: Mas-Colell, A. et al. 1995. Microeconomic Theory, Oxford University Press. (Chapter 11 only)
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