Investing in Public Infrastructure Boosts Private Sector Productivity and Growth!
The study looked at how public infrastructure like roads and bridges affects how well businesses can work. They used data from 1948 to 1987 to see that public infrastructure does help private businesses be more productive in the long run. However, this effect is not very clear in the short term. They also found that public infrastructure is connected to private sector productivity, but it's not the main cause of it.