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Conference Paper
Is there a shortfall in public capital investment? An overview
Munnell, Alicia H. (1990)
Conference Series ; [Proceedings] , Volume 34 , Pages 1-20

Conference Paper
How does public infrastructure affect regional economic performance?
Munnell, Alicia H. (1990)
Conference Series ; [Proceedings] , Volume 34 , Pages 69-112

Conference Paper
Is there a shortfall in public capital investment? : proceedings of a conference held in October 1990
Munnell, Alicia H. (1991-06)
Conference Series ; [Proceedings] , Volume 34 , Issue Jun

Conference Paper
Is public infrastructure undersupplied?
Peterson, George E. (1990)
Conference Series ; [Proceedings] , Volume 34 , Pages 113-142

Journal Article
Financing capital expenditures in Massachusetts
Munnell, Alicia H.; Cook, Leah M. (1991-03)
Spending on capital projects in Massachusetts has not contributed in any significant fashion to the states budget crisis. During the 1980s the state probably spent too little, rather than too much, on public infrastructure. The states nationwide are caught between the increased requirements of localities and decreased funding from the federal government. The Massachusetts situation is particularly troublesome. The state spent most of the 1980s embroiled in conflict with the Administration over federal funding for the Central Artery Depression! Third Harbor Tunnel project. ; The article ...
New England Economic Review , Issue Mar , Pages 52-79

Journal Article
The determinants of business investment: has capital spending been surprisingly low?
Kopcke, Richard W. (1993-01)
Many are worried that since 1980 capital investment by businesses has been lower than expected. Unusual circumstances, such as changes in savings patterns or in business leverage, a credit crunch, or widespread adoption of a shorter-term outlook, have been suggested as culprits. To see whether investment spending has indeed departed from its traditional determinants, this article compares capital spending during the 1980s and early 1990s with projections of spending derived from historical relationships between investment and various measures of economic activity. ; The results show that ...
New England Economic Review , Issue Jan , Pages 3-31

Journal Article
Forecasting investment with models and surveys of capital spending
Kopcke, Richard W. (1993-03)
The U.S. Department of Commerce regularly surveys businesses on their plans for capital investment. This article assesses the contribution that these surveys make to forecasts of business investment, once other economic variables are taken into account. The author finds that the surveys have only marginally improved forecasts since the 1970s. For short-term forecasts, the history of investment spending and output does more to reduce forecast errors than do the surveys. For forecasts of a year or more, the survey information is not as useful as that in the historical movements of various ...
New England Economic Review , Issue Mar , Pages 47-69

Working Paper
Measuring the incentive effects of state tax policies toward capital investment
Tannenwald, Robert; Plesko, George A. (2001)
Empirical research on the effects of differential business taxation across jurisdictions relies on the appropriate measurement of the burden of tax in each location. While numerous summary measures have been proposed and used in various contexts to make such comparisons, most fail to account for the full effects of each state's tax system and the interactions of state tax systems with both local and federal taxes. This paper addresses these issues and employs an approach used in recent state tax reform studies to measure tax burdens. The advantages of this "representative firm" approach ...
Working Papers , Paper 01-04

Journal Article
How credible are capital spending surveys as forecasts?
Erceg, John J.; Anderson, Gerald H. (1990-12)
A comparison of the reliability of the Commerce Department's capital spending survey with that of several alternative forecasts.
Economic Commentary , Issue Dec

Journal Article
Major trends in capital formation
Schnorbus, Robert H. (1985-06)
A discussion of three major trends in capital formation in the United States, and of the possible impact they could have on the future of the domestic capital goods industry.
Economic Commentary , Issue Jun

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