Showing 1 - 10 of 6,244
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …
Persistent link: https://www.econbiz.de/10012801569
. Infrastructure provision is seen as a particularly important instrument for helping in regional development where government can play … a significant role due to the public goods nature of infrastructure facilities. Literature confirms the positive … association between infrastructure and growth. However, it is not necessary that economic growth attributable to infrastructure …
Persistent link: https://www.econbiz.de/10011301905
This paper discusses governmental fiscal support for financing long-term infrastructure projects in ASEAN countries … critical role of such fiscal support in making feasible the financing of long-term infrastructure projects that may be … need to secure budgets for long-term infrastructure projects, which may be done through a medium-term expenditure framework …
Persistent link: https://www.econbiz.de/10009770730
This study assesses the sources and levels of infrastructure financing in the Philippines for the last five years (2008 …-2012). The mapping of fiscal resources showed that there had been underinvestment in infrastructure. To illustrate, in 2008 …-2012, public infrastructure spending as a share of GDP ranged between a low of 1.40 percent to a high of 2.09 percent - a far cry …
Persistent link: https://www.econbiz.de/10010230960
The relation between infrastructure and economic growth has been largely investigated in the literature, but the … empirical evidence found has proven to be controversial. This paper aims to empirically analyze the impact of infrastructure … stocks on economic growth. In spite of there being theoretical justification for taking infrastructure into account in …
Persistent link: https://www.econbiz.de/10011503515
, safeguard land for utilities and physical infrastructure decades ahead, deliberately configures transport networks (including … planning and implementation have overly focused on housing and neglected other types of physical infrastructure. Moreover, the …
Persistent link: https://www.econbiz.de/10010422204
This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …
Persistent link: https://www.econbiz.de/10010434094
Well-developed infrastructure systems and services are vital means of enhancing the connectivity of Asia …-Pacific Economic Cooperation (APEC) member economies. In essence, efforts by APEC to enhance connectivity through infrastructure should … cooperation on its own. To contribute to APEC efforts and at the same time help meet the infrastructure development needs of the …
Persistent link: https://www.econbiz.de/10010482106
Infrastructure plays a key role in facilitating trade, especially since recent trade liberalization in Asia has … resulted in significant tariff reductions. This study quantifies the impacts of both hard and soft infrastructure on trade … improvements in transport infrastructure (i.e., the road density network, air transport, railways, ports, and logistics) have …
Persistent link: https://www.econbiz.de/10011407564
Persistent link: https://www.econbiz.de/10012587003