Narrow search
Showing 1 - 10 of 72
Cover Image
Institutional architecture for financing Pan-Asian infrastructure connectivity
Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2017
Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically … proposed. This initiative plans to create an economic zone covering Asia, Europe and Africa. To successfully promote and … finance greater physical connectivity, at the pan-Asian, sub-regional and national levels, Asia will require a strong and …
Persistent link: https://www.econbiz.de/10011638303
Cover Image
Connective financing Chinese infrastructure projects and the diffusion of economic activity in developing countries
Bluhm, Richard; Dreher, Axel; Fuchs, Andreas; Parks, Bradley - 2020
This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity. Leveraging a new global dataset of geo-located Chinese government-financed projects over the period from 2000 to 2014 together with measures of spatial inequality based on...
Persistent link: https://www.econbiz.de/10012226698
Cover Image
Asymmetric yardstick competition : traditional procurement versus public-private partnerships
Di Liddo, Giuseppe; Vinella, Annalisa - 2019
We investigate yardstick competition between local jurisdictions in which pure rent-seeking incumbents undertake an identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely traditional procurement (TP) and public-private...
Persistent link: https://www.econbiz.de/10011956309
Cover Image
The macroeconomic effects of funding U.S. infrastructure
Malley, James R.; Philippopulos, Apostolēs - 2022
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different types of infrastructure spending and linkages between...
Persistent link: https://www.econbiz.de/10012801569
Cover Image
Universal high-speed broadband provision : an alternative policy approach
Wolfstetter, Elmar - 2021
Millions of citizens and firms lack access to high speed internet, even though governments pledged to spend huge sums of money to subsidize internet networks. In this paper we review some systematic flaws of present subsidy policies and outline a promising alternative. We propose that...
Persistent link: https://www.econbiz.de/10012506923
Cover Image
Financing costs and the efficiency of public-private partnerships
Avdiu, Besart; Weichenrieder, Alfons J. - 2020
The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under government management. Due to soft budget constraints of government management, PPPs exert more effort and therefore have a cost advantage in building infrastructure. At the same...
Persistent link: https://www.econbiz.de/10012316973
Cover Image
Can aid buy foreign public support? : Evidence from Chinese development finance
Wellner, Lukas; Dreher, Axel; Fuchs, Andreas; Parks, Bradley - 2022
Bilateral donors use foreign aid to pursue soft power. We test the effectiveness of aid in reaching this goal by leveraging a new dataset on the precise commitment, implementation, and completion dates of Chinese development projects. We use data from the Gallup World Poll for 126 countries over...
Persistent link: https://www.econbiz.de/10013167192
Cover Image
Is favoritism a threat to Chinese aid effectiveness? : A subnational analysis of Chinese development projects
Dreher, Axel; Fuchs, Andreas; Hodler, Roland; Parks, Bradley - 2019
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012033099
Cover Image
Trade and the spatial distribution of transport infrastructure
Felbermayr, Gabriel; Tarasov, Alexander - 2015 - This version: November 2015
The distribution of transport infrastructure across space is the outcome of deliberate government planning that reflects a desire to unlock the welfare gains from regional economic integration. Yet, despite being one of the oldest government activities, the economic forces shaping the endogenous...
Persistent link: https://www.econbiz.de/10011392697
Cover Image
Investment in broadband infrastructure under local deregulation : evidence from the UK broadband market
Fabritz, Nadine; Falck, Oliver - 2013
This paper investigates telecommunication operator investment in broadband infrastructure after local deregulation of the wholesale broadband access market. Using a panel dataset covering all 5,598 exchange areas in the United Kingdom, we exploit regional differences in deregulation following a...
Persistent link: https://www.econbiz.de/10009752995