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that core infrastructure and Information & Communication Technology (ICT) matter for Total Factor Productivity (TFP) and … suggest that the impact of core infrastructure is rather strong on TFP and TE (elasticity of 0.32 and 0.17 respectively … the Indian context of infrastructure bottlenecks. It strongly supports the idea that a lack of infrastructure can hamper …
Persistent link: https://www.econbiz.de/10009644165
We present an evaluation of the main empirical approaches used in the literature to estimate the contribution of public capital stock to growth and private factors' productivity. Based on a simple stochastic general equilibrium model, built as to reproduce the main long-run relations observed in...
Persistent link: https://www.econbiz.de/10010899289
rebound effects and demand induction by infrastructure and equipments. Doing so brings to light how induced technical change … accelerated turnover of equipments and non-energy choices as alternative infrastructure policies. …
Persistent link: https://www.econbiz.de/10010738827
technology (such as in water and sanitation), whether in other infrastructure sectors it can be possible (such as in segments of … infrastructure sectors, also quality and safety standards. Regulation nevertheless is a second best device, since it is costly. We … the link between infrastructure and growth. …
Persistent link: https://www.econbiz.de/10008793615
, taking account of some features of the national environment (infrastructure, inflation, and financial deepening). The …, weak infrastructure and poorly developed financial system contribute to reinforce this effect. …
Persistent link: https://www.econbiz.de/10008835397