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Economic Commentary

Public Infrastructure and Economic Development

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Public infrastructure deterioration has an important effect on urban economic development. Many cities with an aging industrial base are caught between the need to maintain or improve public capital stock and the immediate demand for community welfare programs. Neglecting public infrastructure may make it more difficult for these cities to achieve future economic growth.

01.15.1988EC 1/15/1988

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Dalenberg, Douglas, and Randall Eberts. 1988. “Public Infrastructure and Economic Development.” Federal Reserve Bank of Cleveland, Economic Commentary 1/15/1988.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International