Showing 1 - 10 of 310
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/10013307758
identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely …
Persistent link: https://www.econbiz.de/10012892139
We consider a public-private partnership in an infrastructure project, which requires specialised expertise during the … construction stage for the infrastructure to operationalise. This entails that, after an investment is made to begin building the … infrastructure, its construction is completed at a cost, which increases with the investment at an increasing rate, and is higher if …
Persistent link: https://www.econbiz.de/10012860529
The paper analyzes the contribution of public capital to private output using several meta-analytical techniques. Both fixed and random effects models are estimated by Weighted Least Squares. Sample overlap across studies is explicitly controlled for by employing a full' Generalized Least...
Persistent link: https://www.econbiz.de/10010275668
faced and their business environment. The business environment includes physical infrastructure, the availability of an …
Persistent link: https://www.econbiz.de/10010288245
This paper studies the role played by politics in shaping the Italian railway network, and its impact on long-run growth patterns. Examining a large state-planned railway expansion that took place during the second half of the 19th century in a recently unified country, we first study how both...
Persistent link: https://www.econbiz.de/10013216257
We analyze the extent of the integrated control of the state over privatized firms during the post-privatization decade …
Persistent link: https://www.econbiz.de/10010265983
We analyze the long-term effects of firm break-up and ownership change on corporate performance. Our analysis is based on a unique data set for a large number of Czech firms spanning the period 1996-2005. We employ a propensity score matching procedure to deal with endogeneity problems. Our...
Persistent link: https://www.econbiz.de/10010274965
within less than five years. We examine whether the privatization authority followed its mandate to privatize competitive … investors, and are more likely to remain in business even 20 years after leaving public ownership. The privatization agency …
Persistent link: https://www.econbiz.de/10012822995
This paper studies regional treatment effects of infrastructure projects on economic growth, employment and intermodal …
Persistent link: https://www.econbiz.de/10012859984