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The Long-Run Evolution of Infrastructure Services
Goldsmith, Hugh - 2014
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
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Outsourcing, Public Input Provision and Policy Cooperation
Aronsson, Thomas; Koskela, Erkki - 2021
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
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Population Density, Optimal Infrastructure and Economic Growth
Deole, Sumit S. - 2015
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
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Broadband Infrastructure and Economic Growth
Czernich, Nina - 2012
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
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The Business Environment in the Transition
Carlin, Wendy - 2012
faced and their business environment. The business environment includes physical infrastructure, the availability of an …
Persistent link: https://www.econbiz.de/10013100506
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Infrastructure and Growth : Empirical Evidence
Égert, Balázs - 2009
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
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Inequality, Public Wealth, and the Federal Shareholder
Corneo, Giacomo - 2016
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
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Infrastructure and Inequality : Insights from Incorporating Key Economic Facts About Household Heterogeneity
Klenert, David - 2014
We study the trade-off between equity and growth in the context of tax-financed investment in public capital. Taking into account stylized facts on wealth accumulation, we model agent heterogeneity through differences in saving behavior, income source and time preference. In contrast to the...
Persistent link: https://www.econbiz.de/10013046059
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How Productive is Public Capital? A Meta-Analysis
Bom, Pedro; Ligthart, Jenny E. - 2021
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/10013316601
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ICT Adoption in Micro and Small Firms : Can Internet Access Improve Labor Productivity?
Viollaz, Mariana - 2018
This paper analyzes the impact of internet adoption on labor productivity in Peruvian micro and small manufacturing firms over the period 2011-2013. Instrumental variables estimates show that internet adoption: (i) increases firms' labor productivity; (ii) reallocates employment away from...
Persistent link: https://www.econbiz.de/10012926543