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Impact of infrastructure investment on tax: Estimating spillover effects of the Kyushu high-speed rail Line in Japan on regional tax revenue

Yoshino, Naoyuki; Abidhadjaev, Umid - 2016

This paper analyzes the impact of infrastructure investment on tax revenues and on the economy of the region. In 1991, the Kyushu high-speed rail line was constructed and was completed in 2003. In 2004, the rail line started operating from Kagoshima to Kumamoto. The entire line was opened in...

Persistent link: https://www.econbiz.de/10011653776

An impact evaluation of investment in infrastructure: The case of the railway connection in Uzbekistan

Yoshino, Naoyuki; Abidhadjaev, Umid - 2015

The objective of this paper is to examine the nature and magnitude of the effects of infrastructure provision on regional economic performance. The empirical evidence of our analysis is based on difference-in-difference estimation linking the changes in the growth rate of regional-level economic...

Persistent link: https://www.econbiz.de/10011526670

Infrastructure development, income inequality, and urban sustainability in the People's Republic of China

Mendoza, Octasiano M. Valerio - 2017

This paper examines the relationship between infrastructure development and income inequality in urban People's Republic of China. Recent policies target reductions in income inequality while increasing sustainable urban development. Infrastructure investment plays a key role in achieving both...

Persistent link: https://www.econbiz.de/10011688732

The "highway effect" on public finance: Case of the STAR highway in the Philippines

Yoshino, Naoyuki; Pontines, Victor - 2015

In this study, we examine the impact of the STAR highway located in Batangas province, Philippines, on the public finance of the cities and municipalities through which it directly passes. Specifically, we exploit a unique, disaggregated dataset on tax (property and business taxes) as well as...

Persistent link: https://www.econbiz.de/10011526671

Changes in economy or changes in economics?

Albu, Lucian-Liviu - 2011

There are evidences that the actual global crisis affected the convergence process in EU. Generally, just new adhered … convergence process will be affected. Synthetically, the pessimistic authors are viewing the future economic dynamics as one of so …-Swan model, Mankiw, Romer, and Weil model, etc.) and by empirical evidences, we are considering the convergence in the level of …

Persistent link: https://www.econbiz.de/10010527417

Economic liberalization and external shocks: The hypothesis of convergence for the Mexican states, 1994-2015

Fonseca, Felipe; Llamosas-Rosas, Irving; Rangel … - 2018

This work analyzes whether monetary policy in advanced economies has differentiated effects on portfolio flows towards emerging economies coming from the US, the Euro Area and the UK. The results show the following: First, portfolio flows' response to US monetary policy events is vastly...

Persistent link: https://www.econbiz.de/10012616371

An analysis of the process of disinflationary structural change: The case of Mexico

Vaughan, Daniel - 2013

I study the diffusion process of permanent disinflationary shocks in the Mexican economy using disaggregated price data for 283 goods across 46 cities in the period 1995-2012. I first show that the distribution of shocks shows considerable heterogeneity, with more than 80% of all cases having...

Persistent link: https://www.econbiz.de/10010392370

Infrastructure investment, private finance, and institutional investors: Asia from a global perspective

Inderst, Georg - 2016

This study evaluates infrastructure investment and finance in Asia from a global perspective. It provides an overview on infrastructure needs and the various sources of private finance, globally and within Asia, and creates a "bigger picture" for the demand and supply of capital for...

Persistent link: https://www.econbiz.de/10011653761

The fiscal risk of local government revenue in the People's Republic of China

Fan, Ziying; Wan, Guanghua - 2016

Since the Tax Sharing Reform in 1994, the local government revenue of the People's Republic of China (PRC) has faced downward risk problems. This paper reviews the fiscal and taxation reforms in the central and local governments of the PRC and focuses on evaluating the effectiveness of fiscal...

Persistent link: https://www.econbiz.de/10011653769

The impacts of infrastructure in development: A selective survey

Sawada, Yasuyuki - 2015

Development economists have considered physical infrastructure to be a precondition for industrialization and economic development. Yet, two issues remain to be addressed in the literature. First, while proper identification of the causal effectiveness of infrastructure in reducing poverty is...

Persistent link: https://www.econbiz.de/10011311006

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