Abstract
Explores the different channels through which public capital in infrastructure may affect growth and human welfare and presents a series of formal models for understanding how these channels operate. Discusses basic channels; public capital and education; public capital and health; public capital and innovation; public capital and women's time allocation; public capital and poverty traps; and research perspectives. Agénor is Hallsworth Professor of International Macroeconomics and Development Economics at the University of Manchester and Codirector of the Centre for Growth and Business Cycle Research.
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