2016
DOI: 10.1093/oxrep/grw016 View full text |Buy / Rent full text
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Abstract: The paper discusses the importance of infrastructure investment in growing cities, arguing that, in addition to its direct benefits, infrastructure plays crucial roles in enabling density and coordinating private investment decisions. Many cities have failed to invest in sufficient infrastructure due to inadequate financing tools (in particular failure to capture benefits through land value taxation) and fragmented urban authority.

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