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Is public sector infrastructure a key determinant of productivity? Traditional, project-based analyses of benefits and …-based analyses of the links between private productivity and public infrastructure that imply large productivity effects from public … costs typically do not find large rates of return. Proponents of infrastructure spending instead point to regression …
Persistent link: https://www.econbiz.de/10012473889
between infrastructure and productivity growth remains controversial. In this regard, it is somewhat surprising that … dramatic productivity boost from increased infrastructure outlays. In a specification designed to provide an upper bound for …Researchers, commentators, and politicians have devoted steadily more attention to infrastructure in response to claims …
Persistent link: https://www.econbiz.de/10012474091
' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to …The impact of public infrastructure investment on the productive performance of firms has been an important focus of … the recent literature on productivity growth. The size of this impact has important implications for policymakers …
Persistent link: https://www.econbiz.de/10012475001
Our purpose in this paper is to examine how one might evaluate and measure the contribution of public infrastructure … capital on private sector output and productivity growth in Sweden. We do this by specifying and implementing empirically a …, we find that increases in public infrastructure capital, ceteris paribus, reduce private sector costs. We compute that …
Persistent link: https://www.econbiz.de/10012475151
In this paper we examine the effects of publicly financed infrastructure and R&D capital on the cost structure and … productivity performance of twelve two-digit U.S. manufacturing industries. A general framework is developed to measure … contribution of demand, relative input prices, technical change, as well as publicly financed capital on total factor productivity …
Persistent link: https://www.econbiz.de/10012474070
In this paper the authors examine the effects of publicly financed infrastructure and R&D capitals on the cost … structure and productivity performance of twelve two-digit U.S. manufacturing industries. The results suggest that there are … their contributions to growth of labor productivity vary over time as well. Not only is the cost function shifted downward …
Persistent link: https://www.econbiz.de/10012475102
infrastructure and institutions. Providing clean water and removing refuse requires water and sewer pipes, but the urban poor are … by a penalty-based system. We present a model that illustrates the complementarity between infrastructure and …
Persistent link: https://www.econbiz.de/10012456762
We analysed the relative importance of individual versus institutional factors in explaining variations in the utilisation of physician services among the 50+ in ten European countries. The importance of the latter was investigated, distinguishing between organisational (explicit) and cultural...
Persistent link: https://www.econbiz.de/10012464549
, consumption levels, infrastructure, literacy or population density through 2002. This finding suggests that local recovery from …
Persistent link: https://www.econbiz.de/10012466717
This paper shows that those low and middle income countries that use infrastructure inefficiently pay a growth penalty … in the form of a much smaller benefit from infrastructure investments. The magnitude of this penalty is apparent when the … these two regions can be attributed to the difference in effective use of infrastructure resources. At the same time, the …
Persistent link: https://www.econbiz.de/10012472981