Infrastructure investment: evidence summary

This paper summarises evidence on the link between infrastructure investment and economic growth.


1. National Infrastructure Commission Report (2017). Economic Growth and Demand for Infrastructure Services.

2. Bom and Ligthart (2013). What have we learned from three decades of research on the Productivity of Public Capital? Journal of Economic Surveys

3. World Bank Group (2014). Infrastructure, Growth and Inequality: An overview.

4. OECD 2016 (a)

5. OECD 2016 (b)

6. IMF, Is it time for an infrastructure push? The macroeconomic effects of public investment, 2014,

7. European Commission, Infrastructure in the EU: Developments and Impacts on Growth, 2014, Appendix 3

8. As GFCF includes vehicles, computers and equipment it is wider than construction infrastructure.


10. OECD, UK economic survey 2015: Improving Infrastructure, February 2015 cited in

11. OECD 2016(a)


13. OECD 2016 (b)


15. NiGEM model is developed and maintained by the National Institute of Economic and Social Research, London


Email: Kathy Johnstone

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