Infrastructure: What Is Needed and How Do We Pay for It? (journal article)
by Michael Keeting
from Australian Economic Review Vol. 41 No. 3, pp. 231 - 238
Claims of an infrastructure crisis lack definition, and fail to provide evidence that investment projects that would generate an economic return, including both private and social benefits, are not being funded.
This paper shows how setting economic prices for energy, water, transport and communications will provide a better guide to the optimal amount of future infrastructure investment than the likely responses by proponents of an alleged infrastructure crisis.