from the Congressional Budget Office
— this post by Chad Shirley, Deputy Assistant Director for Microeconomic Studies
The effect of federal infrastructure spending on private-sector productivity depends in part on the response of state and local governments and in part on how long the investment takes to become productive. Greater emphasis on particular contributions of infrastructure to productivity or different ways of allocating funds could make federal infrastructure spending more productive.
Approaches to Making Infrastructure Spending More Productive from Congressional Budget Office
Source
https://www.cbo.gov/publication/53932
