Showing 1 - 10 of 99
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/10010434094
This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity …
Persistent link: https://www.econbiz.de/10012226698
by NGOs and researchers alike. This study investigates the impacts of private forest plantations on local infrastructure … regression model with observations of the size and quality of infrastructure and social services in the villages and with … infrastructure and social services in adjacent villages. The results suggest that large-scale private forest plantations can …
Persistent link: https://www.econbiz.de/10011735970
components of a country’s infrastructure to access international markets. I provide a framework to jointly estimate the quality … international and internal trade with port and road infrastructure to assess the relative importance of ports versus roads in … are higher than those for roads under the existing Indian infrastructure network, but improvements in ports and roads have …
Persistent link: https://www.econbiz.de/10015074610
This paper finds that coherent regulatory policies can boost investment in network industries of OECD economies. Rate-of-return regulation is generally thought to result in overinvestment, while incentive regulation is believed to entail underinvestment. Yet, previous empirical work has...
Persistent link: https://www.econbiz.de/10003850209
a model-economy comprising two countries, North and South, where firms in the North may outsource part of their low …
Persistent link: https://www.econbiz.de/10003923255
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on … infrastructure investment in telecommunications and the electricity sectors has a robust positive effect on long-term growth (but not …
Persistent link: https://www.econbiz.de/10003857148
firms but also the effects of the planning legacy. -- infrastructure ; human capital ; institutions ; planned economy … faced and their business environment. The business environment includes physical infrastructure, the availability of an …
Persistent link: https://www.econbiz.de/10009621717
location policy in a (two-country) free trade agreement (FTA). It is shown that national public infrastructure investment has a … characterize national infrastructure policies that aim to maximize national income (net of tax costs) and compare the non …
Persistent link: https://www.econbiz.de/10011508001
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/10010412378