The conference paper establishes a positive relationship between infrastructure investment and gross domestic product, estimating the impact of one billion dollars of infrastructure investment to generate a one percentage point elevation in GDP. However infrastructure investment was found to be a necessary but not sufficient condition for GDP growth. Skilled labour was also found to be required.
History
Chapter number
5
Pagination
45-62
Location
Sydney, Australia
Start date
2014-03-13
End date
2014-03-13
ISBN-13
9780980657425
ISBN-10
0980657423
Language
English
Publication classification
B1.1 Book chapter
Copyright notice
2014, Australian Davos Connection, Limited
Extent
28
Editor/Contributor(s)
Stanley J, Roux A
Publisher
Australian Davos Connection
Place of publication
[Melbourne, Vic.]
Title of book
Infrastructure for 21st century Australian cities: papers from the ADC Forum National Infrastructure and Cities Summit
Series
ADC Forum National Infrastructure and Cities Summit