As the global economy continues to recover from the impacts of Covid-19, there is significant discussion among policymakers as to the best mechanisms to stimulate recovery. One of those mechanisms is infrastructure investment. There is a large contingent of policymakers who believe that large, immediate spending on infrastructure will lead to significant economic growth. While another group is concerned about the secondary effects of such large government spending packages. With global economies still digging out of the covid shock and supply chains struggling to keep up with demand, there is no better time to explore the topic. This paper then will explore the historical, academic, and quantitative evidence for a relationship between infrastructure investment and growth rates. Specifically, this study's research question is "how infrastructure spending has impacted the GDP per capita growth rates of European nations from 2008-2019". The aim will be to identify the existence of a casual relationship between infrastructure investment and growth.
"Infrastructure Investment and European Economic Growth,"
Global Tides: Vol. 16, Article 11.
Available at: https://digitalcommons.pepperdine.edu/globaltides/vol16/iss1/11