Showing 1 - 10 of 1,607
This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …
Persistent link: https://www.econbiz.de/10013043210
This paper concerns public input provision as an instrument for redistribution under international outsourcing by using a model-economy comprising two countries, North and South, where firms in the North may outsource part of their low-skilled labor intensive production to the South. We consider...
Persistent link: https://www.econbiz.de/10013316274
transportation infrastructure on economic growth. The study argues that there is an optimal distribution of infrastructure in the … the population induced productivity improvements and provision of optimal infrastructure in the region will form the two … data for years 1961-2012 on India, the study examines the role of dense population and transportation infrastructure on …
Persistent link: https://www.econbiz.de/10014167289
The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in which firms are free to enter the market and to choose...
Persistent link: https://www.econbiz.de/10012779949
We present an analysis of the share of public ownership in the product market in the OECD countries from 1974 to 2007. Despite much has been said on the broad topic of reforms and regulation, a sector-specific insight is missing. We replicate the analysis of Galasso (2014) by sector of activity...
Persistent link: https://www.econbiz.de/10013044551
The paper provides a comparative analysis of the association between student achievement and public-private partnerships (PPPs) in schooling across countries. Student-level data from the PISA international achievement test provides information on the public-private character of both operation...
Persistent link: https://www.econbiz.de/10012780559
We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel …
Persistent link: https://www.econbiz.de/10013116573
faced and their business environment. The business environment includes physical infrastructure, the availability of an …
Persistent link: https://www.econbiz.de/10013100506
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … the links between infrastructure and growth and the role of public policies, reports the results on the links with growth … from a variety of econometric approaches. Time-series results reveal a positive impact of infrastructure investment on …
Persistent link: https://www.econbiz.de/10012764448
Current trends in the distribution of wealth trigger a social divide and threaten democracy. I propose to counter this evolution by enhancing the role of public capital as a redistribution and empowerment device. The governance of public capital requires two novel institutions: a socially...
Persistent link: https://www.econbiz.de/10012992603