Readings

Required readings

American Society of Civil Engineers. "2009 Report Cards for America's Infrastructure."

Canning David. "A Database of World Infrastructure Stocks, 1950-95." Policy Research Working Paper no. 1929. Washington, DC: World Bank.

Heintz, James, Robert Pollin, and Heidi Garrett-Peltier. How Infrastructure Investments Support the U.S. Economy: Employment, Productivity, and Growth. Amherst, MA: Political Economy Research Institute. University of Massachusetts, Amherst, 2009. (PDF - 1.6MB)

Polenske, Karen R., Gerald Sussman, Richard D. Tabors, Lynn C. Todman, and Adrian R. Walter. An Assessment of Public Infrastructure in Massachusetts. Joint Center for Urban Studies of the Massachusetts Institute of Technology and Harvard University, 1983.

Suggested readings

Rohatyn, Felix. Bold Endeavors: How Our Government Built America, and Why It Must Rebuild Now. New York, NY: Simon & Schuster, 2009, chapters on the Erie Canal, the Rural Electrification Administration, and the Interstate Highway System. ISBN: 9781416533122.

Required readings

Frischmann, Brett M. "An Economic Theory of Infrastructure and Commons Management." Minnesota Law Review 89 (2005): 917-1030. (Read pages 975-1030).

Hardin, Garrett. "The Tragedy of the Commons." Science 162 (1968): 1243-1248.

Posner, Richard A. "Theories of Economic Regulation." The Bell Journal of Economics and Management Science 5, no. 2 (1974): 335-358. (PDF)

Suggested readings

Stern, Jon, and John Cubbin. "Regulatory Effectiveness: The Impact of Regulation and Regulatory Governance Arrangements on Electricity Industry Outcomes." Policy Research Working Paper 3536, World Bank, Washington DC, 2005. (PDF)

Svensson, Jakob. "Investment, Property Rights, and Political Instability: Theory and Evidence." European Economic Review 42, no. 7 (1998): 1317-1341.

Required readings

Banerjee A., and E. Duflo. "Growth Theory through the Lens of Development Economics." In Handbook of Economic Growth. Edited by Phillipe Aghion and Steven N. Durlauf. New York, NY: Elsevier, 2006. ISBN: 9780444508379.

Esfahani, Hadi Salehi., and Maria Teresa Ramírez. "Institutions, Infrastructure, and Economic Growth." Journal of Development Economics 70, no. 2 (2003): 443-477.

Gramlich, Edward M. "Infrastructure Investment: A Review Essay." Journal of Economic Literature 32, no. 3 (1994): 1176-1196.

Suggested readings

Seethepalli, Kalpana, and Maria Caterina Bramati. "How Relevant Is Infrastructure to Growth in East Asia?" Policy Research Working Paper 4597. The World Bank East Asia & Pacific Sustainable Development Department Operations and Policy Division, April 2008. (PDF)

Easterly, William, and Luis Serven. The Limits of Stabilization: Infrastructure, Public Deficits and Growth in Latin America. Palo Alto, CA: Stanford University Press, 2003. ISBN: 9780804749725.

Hall, Robert E., and Charles I. Jones. "Why Do Some Countries Produce So Much More Output per Worker Than Others?" Quarterly Journal of Economics 114, no. 1 (1999): 83-116. (PDF)

Fan, S., and X. Zhang. "Infrastructure and Regional Economic Development in Rural China." China Economic Review 15, no. 2 (2004): 203-214.

Munnell, A. H. "How Does Public Infrastructure Affect Regional Economic Performance?" New England Economic Review (September/October 1990): 2-22. (PDF - 5.5MB)

Eberts, R. W. "Public Infrastructure and Regional Economic Development." Economic Review Q1 (1990): 15-27. (PDF)

Suggested readings

Ghosha, B., and P. De. "Investigating the Linkage Between Infrastructure and Regional Development in India: Era of Planning to Globalization." Journal of Asian Economics 15, no. 6 (2005): 1023-1050.

Eberts, R. W. "Estimating the Contribution of Urban Public Infrastructure to Regional Growth." Working Paper of the Federal Reserve Bank of Cleveland no. 8610. Cleveland, OH, December, 2006. (PDF)

Required readings

Canada West Foundation. New Tools for New Times: A Sourcebook for the Financing, Funding, and Delivery of Urban Infrastructure. Calgary, AB: Canada West Foundation, 2006, pp. 72-136.

Hanak, Ellen, and Kim Rueben. Funding Innovations for California's Infrastructure: Promises and Pitfalls. Research Paper 06-01. The Keston Institute for Infrastructure Research Paper Series, 2006.

Suggested readings

Foldvary, Fred E. "Infrastructure: Optimal Private and Governmental Funding and Provision." Economic Affairs 25, no. 1 (2008): 25-30.

Nunn, Samuel. "Budgeting for Public Capital." Journal of Urban Affairs 12, no. 4 (2008): 327-344.

Washington State Legislature. Final Report on Public Infrastructure Programs and Funding Structures. Study Committee on Public Infrastructure Programs and Funding Structures. Olympia, WA, 2007. (PDF)

Required readings

Gershi, Henrique, and Jaime Sabal. "An Introduction to Project Finance in Emerging Markets." IESA Working paper No. 29. Caracas, Venezuela, 2006. (PDF)

Ahmed, P. A., et al. "Project Finance in Developing Countries." Washington, DC: International Finance Corporation, 1999, chapter 1. (PDF)

Beidleman, et al. "On Allocating Risk: The Essence of Project Finance." Sloan Management Review 31, no. 3 (1990): 47-55.

Miller, Roger, and Donald R. Lessard. "Evolving Strategy: Risk Management and the Shaping of Mega-Projects." In Decision-Making on Mega-Projects: Cost-Benefit Analysis, Planning, and Innovation. Edited by Hugo Priemus, Bent Flyvbjerg, and Bert Van Wee. Gloucester, UK: Edward Elgar Publishing Ltd., 2008, pp. 145-172. ISBN: 9781845427375.

Suggested readings

Brealey, Richard A., Ian A. Cooper, and Michael E. Habib. "Using Project Finance to Fund Infrastructure Investment." Journal of Applied Corporate Finance 9, no. 3 (2005): 25-39.

Matsukawa, Tomoko, and Odo Habeck. "Review of Risk Mitigation Instruments for Infrastructure Financing and Recent Trends and Developments." Trends and Policy Options No. 4. Washington, DC: World Bank, 2007. [Read on Google Books]

Required readings

Asif, M., and T. Muneer. "Energy Supply, Its Demand, and Security Issues for Developed and Emerging Economies." Renewable and Sustainable Energy Reviews 11, no. 7 (2007): 1388-1413.

National Petroleum Council. "Facing the Hard Truths About Energy: A Comprehensive View to 2030 of Global Oil and Natural Gas." July 18, 2007. Executive Summary, chapters 1 and 2 only.

Suggested readings

Blanchard, O. J., and J. Galí. "The Macroeconomic Effects of Oil Price Shocks: Why Are the 2000s So Different from the 1970s?" Paper 07-011, MIT Center for Energy and Environmental Policy Research, 2007. (PDF - 1.0MB)

Department of Trade and Industry. "Meeting the Energy Challenge: A White Paper on Energy." London, NY: HMSO, 2007, chapter 1 only. (PDF - 6.6MB)

Pindyck, R. S. "The Long-Run Evolution of Energy Prices." The Energy Journal 20, no. 2 (1999): 1-27. (PDF - 3.3MB)

Required readings

Congressional Budget Office. The Economics of Climate Change. A Primer. Washington, DC: The Congress of the United States, 2003, chapters 3 and 4 only.

Holdren, J. P. "Meeting the Energy Challenge." Science 291, no. 5506 (2001): 945.

United Nations. The Energy Challenge for Achieving the Millennium Development Goals. New York, NY: UN-Energy, 2005. (PDF)

Suggested readings

Babiker, Mustafa, John M. Reilly, and Henry D. Jacoby. "The Kyoto Protocol and Developing Countries." Energy Policy 8, no. 1 (2000): 525-536. (PDF)

Intergovernmental Panel on Climate Change. Climate Change 2001: Impacts, Adaptation, and Vulnerability. Cambridge University Press, 2001.

Stavins, Robert N. Addressing Climate Change with a Comprehensive U.S. Cap and Trade System. Harvard University. JFK School of Government Working Paper RWP 07-053, 2008. (PDF)

Zweig, David, and B. Jianhai. "China's Global Hunt for Energy." Foreign Affairs. September/October, 2005.

Required readings

Jorgenson, Dale W. "The Role of Energy in Productivity Growth." The American Economic Review 74, no. 2 (1984): 26-30.

Kauffmann, C. "Energy and Poverty in Africa." OECD Working Papers No. 8, 05/2005, OECD Development Center, 2005.

Toman, M. and B. Jemelkova."Energy and Economic Development: An Assessment of the State of Knowledge." Working Paper 9. Stanford University Program on Energy and Sustainable Development, 2005.

Suggested readings

Asafu-Adjaye, J. "The Relationship between Energy Consumption, Energy Prices, and Economic Growth: Time Series Evidence from Asian Developing Countries." Energy Economics 22, no. 6 (2000): 615-625.

Cheng, B. S. and T. W. Lai. "An Investigation of Co-integration and Causality between Energy Consumption and Economic Activity in Taiwan." Energy Economics 19, no. 4 (1997): 435-444.

Judson, Ruth A., Richard Schmalensee, and Thomas M. Stoker. "Economic Development and the Structure of Demand for Commercial Energy." MIT Center for Energy and Environmental Policy Research, April 1998. (PDF)

Templet, Paul, H. "Energy, Diversity, and Development in Economic Systems: An Empirical Analysis." Ecological Economics 30, no. 2 (1999): 223-233.

Required readings (chose two of the following)

Calderón, C. "Latin America's Infrastructure in the Era of Macroeconomic Crises." In The Limits of Stabilization. Infrastructure, Public Deficits, and Growth in Latin America. Edited by William Easterly and Luis Serven. Palo Alto, CA: Stanford University Press, 2003, chapter 2 only; focus on energy infrastructure. ISBN: 9780804749725. [Read on Google Books.]

European Commission. Transport and Energy Infrastructure in South East Europe. Brussels, Belgium: Directorate General for Energy and Transport, 2001. (PDF - 3.8MB)

Oshikoya, W. T., and M. Nureldin Hussain. "Infrastructure for Economic Development in Africa." In Regional Integration in Africa. Edited by J. Braga de Macedo and O. Kabbaj. OECD Development Centre Seminars, 2001, Focus on energy issues only. [Read on Google Books.]

United Nations Economic and Social Commission for Asia and the Pacific. "Enhancing Regional Cooperation In Infrastructure Development Including That Related To Disaster Management." Bangkok, Thailand: United Nations, 2006, chapter 5, Energy Infrastructure. (PDF)

Suggested readings

Asian Development Bank. Energy Infrastructure: Priorities, Constraints, and Strategies for India. New York, NY: Oxford University Press, USA, 2008. ISBN: 9780195692105.

Caspari, G. The Energy Sector in Latin America: Key Prospects, Risks, and Opportunities. Frankfurt, Germany: Deutsche Bank Research, 2007. (PDF)

Required readings

Deffeyes, Kenneth. Hubbert's Peak: The Impending World of Oil Shortage. Princeton, NJ: Princeton University Press, 2008, chapter 1. ISBN: 9780691141190.

Deutch, J., et al. Energy Security and Climate Change. Washington, DC: Trilateral Commission, 2007, pp. 1-20. ISBN: 9780930503901.

Toman, M. A. "The Economics of Energy Security: Theory, Evidence, Policy." In Handbook of Natural Resource and Energy Economics, Vol. III. Edited by A. V. Kneese and J. Sweeney. New York, NY: North Holland, 1993, chapter 25, pp. 1167-1218. ISBN: 9780444878007.

Suggested readings

Antholis, W. J. "Memo to the President: Build a Secure Energy Future." Washington, DC: Brookings Institution, 2008.

Nuttall, William J., and Devon L. Manz. "A New Energy Security Paradigm for the Twenty-First Century." Technological Forecasting and Social Change 75, no. 8 (2008): 1247-1259. (PDF)

Sagar, Ambuj D., Hongyan H. Oliver, and Ananth P. Chikkatur. "Climate Change, Energy, and Developing Countries." Vermont Journal of Environmental Law 7, no. 1 (2005).

Watkins, G. "Oil Scarcity: What Have the Past Three Decades Revealed?" Energy Policy 34 (2006): 508-514. (PDF)

Williams, P. A. "Projections for the Geopolitical Economy of Oil after War in Iraq." Futures 38, no. 9 (2006): 1074-1088.

Required readings

South Center. Food and Energy Crisis: Time to Rethink Development Policy. Reflections from the High Level North-South Dialogue on Food and Energy Security. South Center: Geneva, 2008.

United Nations. Achieving Sustainable Development and Promoting Development Cooperation. Department of Economic and Social Affairs. Office for ECOSOC Support and Coordination. New York, NY, 2008, chapter 6 only. (PDF - 5.1MB)

Suggested readings

Banse, Martin, Hans van Meijil, A. Tabeau, and G. Woltjer. "Impact of EU Biofuel Policies on World Agricultural and Food Markets." Presented at the 10th Annual Conference on Global Economic Analysis, Purdue University, 2007.

Peters J., and S. Thielmann. "Promoting Biofuels: Implications for Developing Countries." Energy Policy 36, no. 4 (2008): 1538-1544. (PDF)

United Nations Food and Agriculture Organization. Declaration of the High-Level Conference on World Food Security: The Challenges of Climate Change and Bioenergy. Rome, June 2008. (PDF)

Gabriele, A. "Policy Alternatives in Reforming Energy Utilities in Developing Countries." Energy Policy 32, no. 11 (2004): 1319-1337. (PDF)

Estache A., and M. Rossi. "Do Regulation and Ownership Drive the Efficiency of Electricity Distribution?" Evidence from Latin America. Economic Letter 86, no. 2 (2005): 253-257.

Walz, R. "The Role of Regulation for Sustainable Infrastructure Innovations: The Case of Wind Energy." International Journal of Public Policy 2, nos. 1-2 (2007): 57-88.

Suggested readings

Banks, Ferdinand E. The Political Economy of World Energy: An Introductory Textbook. Hackensack, NJ: World Scientific Publishing Company, 2007, chapter 1 only; omit Appendix. ISBN: 9789812700360.

Guerrero Compeán, R. "Fueling an Omnivorous Car: The Rise, Fall, and Rise of Brazil's Renewable Energy Industry." Industrial Performance Center Energy Innovation Working Paper Series, Massachusetts Institute of Technology, 2009.

Hira, A. Political Economy of Energy in the Southern Cone. Westport, CT: Praeger, 2003, chapter 5 only. ISBN: 9780275978303.

Joskow, Paul L. "Incentive Regulation in Theory and Practice: Electricity Distribution and Transmission Networks." Prepared for the National Bureau of Economic Research Conference on Economic Regulation, 2007. (PDF)

Krueger, Anne O. "Government Failures in Development." Journal of Economic Perspectives 4, no. 3 (1990): 9-23.

Molchanov, M. A., and Y. Yevdokimov. "The Political Economy of the Energy Sector in the Central Asia-Caspian Sea Region: A Conceptual Framework." Roundtable on Transnationality and the Conference Transnational Risks — A New Challenge for a Global Society, Berlin, 2004.

Nivola, P. S. "The Political Economy of Nuclear Energy in the United States." CFE Policy Paper Series. The French Center on the United States, May, 2004. (PDF)

Dal Bo, E., and M. Rossi. "Corruption and Inefficiency: Theory and Evidence from Electric Utilities." Journal of Public Economics 91, nos. 5-6 (2007): 939-962.

Henisz, W. J., and B. A. Zelner. "Interest Groups, Veto Points and Electricity Infrastructure Deployment." International Organization 60 (2006): 263-286.

Woodhouse, E. "Political Economy of International Infrastructure Contracting. Lessons from the IPP Experience." Program of Energy and Sustainable Development Working Paper 52, Stanford University, 2005.