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Análisis del impacto social de las inversiones públicas en infraestructuras. La huella social
[Social impact assessment of public investments in infrastructures. The social trace]

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  • Pegnalver, Domingo

Abstract

The welfare and social peace are the most important concepts when making policy decisions and investment spending of public resources. Currently both welfare and social peace are compromised by the lack of productive capital and excess of speculative capital, the imbalance between suffering cutbacks labor incomes and speculative capital gains. This autor paper proposes and develops a new way for social impact assessment of public investment in infrastructures, the Social Trace, related to the concept of sustainable development as it was defined by Brundtland report. The creation and operation of public infrastructure and its relation to the right to decent work, GDP, inflation and the unemployment rate is the pillar on which this theory rests.

Suggested Citation

  • Pegnalver, Domingo, 2013. "Análisis del impacto social de las inversiones públicas en infraestructuras. La huella social [Social impact assessment of public investments in infrastructures. The social trace]," MPRA Paper 47087, University Library of Munich, Germany, revised 21 May 2013.
    • Handle: RePEc:pra:mprapa:47087
    as

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    References listed on IDEAS

    as
    1. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    2. Holtz-Eakin, Douglas, 1994. "Public-Sector Capital and the Productivity Puzzle," The Review of Economics and Statistics, MIT Press, vol. 76(1), pages 12-21, February.
    3. Crihfield, John B. & Panggabean, Martin P. H., 1995. "Is public infrastructure productive? A metropolitan perspective using new capital stock estimates," Regional Science and Urban Economics, Elsevier, vol. 25(5), pages 607-630, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    public investment; infrastructure; social cost benefit analysis; social CBA; social NPV; inflation; NAIRU; unemployment; social trace.;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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