An efficient infrastructure forms the backbone of modern high income economies. Without an appropriately developed material and immaterial infrastructure and availability, economic activity based on the division of labour is virtually impossible.
On the one hand, Economica analyses the economic importance of infrastructure investments with regard to their short-term demand-inducing effect, both during the construction phase and in the operation phase. In addition to the classical canon of direct, indirect and induced effects at the macroeconomic and regional economic level, catalytic effects (e.g. innovation spillovers) are of central importance. On the other hand, Economica determines the long-term productivity/production potential increasing effects of infrastructure investments, taking external effects into account. In doing so, the factors influencing the amount and structure (modal split) of the optimal infrastructure capital stock as well as the macroeconomic returns of infrastructure investments can be determined.
Our Method Portfolio
- Cost function model / production theoretical dual model
- Multiregional Input-/Output-model
- Utility function-based time opportunity cost models
- Panel econometric models
- Dynamic Stochastic General Equilibrium Model
Dr. Christian Helmenstein
Tel.: +43 676 3200 401