000 02300nab a2200253 c 4500
999 _c145531
_d145531
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008 220315t2021 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
100 _9671
_aAlm, James
245 0 _aWhat drives road infrastructure spending?
_c James Alm, Trey Dronyk-Trosper
260 _c2021
500 _aResumen.
504 _aBibliografía.
520 _aIt is widely believed that basic infrastructure in the United States has been seriously underfunded in recent years. We examine this broad issue by focusing on two specific questions. First, how has subnational government spending on infrastructure changed over the last half-century, focusing especially on transportation spending? Second, what factors have driven these spending changes? To answer these questions, we collect data on local, state, and combined state and local government spending on roads and other expenditure categories from 1957 to 2013. With these data, we first demonstrate that infrastructure spending has increased on average in real per capita terms across all states, even while it has declined significantly across all states as a percentage of government spending. Second, we also examine empirically several causal factors that help explain what has driven these changes in transportation spending over time, using several estimation methods and robustness tests. We find suggestive evidence that it is primarily changes in government spending on welfare programs that have driven these sizeable changes in transportation spending. Indeed, we calculate that, if state governments were spending the same percentage of their budgets on transportation in 2013 as they had been in 1957, then state government spending on transportation across all states would increase in total by an additional $133.5 billion in 2013, an amount equal to an additional $422 per capita.
650 4 _944787
_aGASTO PUBLICO
650 4 _948053
_aPOLITICA DE GASTO PUBLICO
650 4 _945090
_aINVERSIONES EN INFRAESTRUCTURA
650 4 _aESTADOS UNIDOS
_942888
700 _965588
_aDronyk Trosper, Trey
773 0 _9166806
_oOP 1716/2021/4
_tPublic Budgeting and Finance
_w(IEF)90019
_x0275-1100
_gv. 41, n. 4, Winter 2021, p. 20-49
942 _cART