Working Papers
The dynamics of domestic and international infrastructure investments
CERTeT 2004 Working Paper Series
This paper investigates the optimal investment policy in local and international infrastructures through a model of dynamic competition
among countries. The framework provided by Martin and Rogers (JIE, 1995) is here extended to include dynamic aspects. The optimal
policy is characterized in two situations: first, when a supranational authority chooses the infrastructure plan and second when the countries do. In the latter, cooperative and non cooperative behaviors are analyzed.
Autore: Marco Alderighi
Ultimo aggiornamento September 28, 2007
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