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"The authors provide various estimates of the government net capital stocks for a panel of 26 developing countries over the period 1970-2001. Two kinds of internationally comparable series of public capital stocks are presented. The first estimates are based on the standard perpetual inventory...
Persistent link: https://www.econbiz.de/10010522202
affect private investment. Then they describe their empirical framework, which is based on a vector autoregression (VAR …
Persistent link: https://www.econbiz.de/10010522539
"Infrastructure projects are often technically complicated and highly customized. Therefore, procurement competition tends to be limited. Competition is the single most important factor toward auction efficiency and anti-corruption. However, the degree of competition realized is closely related...
Persistent link: https://www.econbiz.de/10011394147
empirical strategy involves the estimation of simple equations for GDP growth and conventional inequality measures, augmented to …
Persistent link: https://www.econbiz.de/10010522934
Persistent link: https://www.econbiz.de/10010525153
Investment commitments to infrastructure projects with private participation grew in 2005, but the number of infrastructure projects reaching financial closure fell, according to just-released data from the Private Participation in Infrastructure Database
Persistent link: https://www.econbiz.de/10012556132
This Note looks at systems some governments have used to transform unsolicited proposals for private infrastructure projects into competitively tendered projects. It focuses on the policies that Chile, the Republic of Korea, the Philippines, and South Africa have adopted for managing such...
Persistent link: https://www.econbiz.de/10012556452