Showing 1 - 10 of 473
public deficit, while in the second they are used in cost-reducing public investment in infrastructure. In the latter case …
Persistent link: https://www.econbiz.de/10005497891
This paper constructs a two-region endogenous growth model, where economic geography and public infrastructures play a … key role. The model allows us to analyse the contribution of different types of redistributive public policies on growth … inside the richest region increases spatial concentration of industries, increases the growth rate, and decreases the gap in …
Persistent link: https://www.econbiz.de/10005136400
twenty-period of rapid income growth. It addresses the problem of the endogenous placement of networks by exploiting the fact … moderate positive causal effect on per capita GDP levels across sectors, but no effect on per capita GDP growth. We provide a … consistent with factor mobility playing an important role in determining the economic benefits of infrastructure development. …
Persistent link: https://www.econbiz.de/10011083596
accumulation to regional growth. We model explicitly the political-economy process driving infrastructure investments; in doing so …This paper proposes a simultaneous-equation approach to the estimation of the contribution of transport infrastructure … that shape infrastructure policy. Our empirical findings on a panel of France's regions over 1985-91 suggest that influence …
Persistent link: https://www.econbiz.de/10005666545
of growth. We employ historical data, recent cross-section data, and newly constructed public investment series. Our main … consistently correlated with growth while the effects of taxation are difficult to isolate empirically. …
Persistent link: https://www.econbiz.de/10005791535
motorways -- has contributed to regional growth in the EU between 1990 and 2004. It analyses infrastructure in relationship to …. The meagre returns of infrastructure endowment on economic growth raises interesting questions about the opportunity costs …Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European …
Persistent link: https://www.econbiz.de/10011084543
This paper investigates the impact of public expenditures and taxation on economic growth using panel data for a sample … of OECD countries. The empirical results suggest that fiscal policy influences growth through three main channels. First …, the government contributes directly to factor accumulation through public investment in infrastructure and other assets …
Persistent link: https://www.econbiz.de/10005504646
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
How should a policy-maker prioritize interventions to improve the public infrastructure with which firms operate and … public input character of physical infrastructure and institutions, and uses an O-ring production function to model the … impact of poor quality infrastructure on output. Using survey data from over 72,000 firms in 95 countries, we verify the …
Persistent link: https://www.econbiz.de/10008468531
into joint ventures is especially relevant in the context of infrastructure projects in developing countries, though other …
Persistent link: https://www.econbiz.de/10008468544