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...

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...

Over the last decades, the challenge of giving support to national economic growth process has become an undisputed issue. Since the second term of the Lula government, the theme of resumption of investment was imposed. In particular, the State of Rio de Janeiro benefited from a cycle of large...

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...

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...

The metropolitan region of Rio de Janeiro has an urban structure "macrocefálica" in which the hinterland remains "the shadow of the metropolis" with other reduced centrality. However, in the recent period, there was the advent of large investment projects in its periphery, notably in the steel,...

This paper evaluated the role of infrastructure on the productivity of industries in the Brazilian mesoregions. We found that infrastructure positively affects the efficiency of industries, although due to the size of the estimated coefficients, this influence is small. Considering the average...

This paper establishes the financial feasibility of an employer-of-last-resort (ELR) program in a small developing country like Tunisia. It argues that an ELR-led economic development policy is vastly superior to the traditional import substitution industrialization (ISI), export-led, and...

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...

Thailand's increasing importance as a regional co-production base and as an intra-regional trade and border trade hub is due mainly to recent changes in its economic structure, namely, the lack of operational workers, rises in wages, and increases in outward foreign direct investment (FDI),...