Showing 1 - 10 of 32
The paper compares provision of public infrastructure via public-private partnerships (PPPs) with provision under … advantage in building infrastructure. At the same time, hard budget constraints for PPPs introduce a bankruptcy risk and …
Persistent link: https://www.econbiz.de/10012316973
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/10012119945
outline a promising alternative. We propose that governments should treat the broadband infrastructure as a public …
Persistent link: https://www.econbiz.de/10012506923
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
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
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/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
This article examines how the shale oil revolution has shaped the evolution of U.S. crude oil and gasoline prices. It puts the evolution of shale oil production into historical perspective, highlights uncertainties about future shale oil production, and cautions against the view that the U.S....
Persistent link: https://www.econbiz.de/10011417696