Showing 1 - 10 of 497
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 the final and intermediate goods sectors. We find that infrastructure …
Persistent link: https://www.econbiz.de/10012801569
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
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
-run growth patterns. Examining a large state-planned railway expansion that took place during the second half of the 19th century …
Persistent link: https://www.econbiz.de/10012601981
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
Africa's interior-to-coast roads are well suited to export natural resources, but not to support regional trade. Are they the optimal response to geography and comparative advantage, or the result of suboptimal political distortions? We investigate the political determinants of road paving in...
Persistent link: https://www.econbiz.de/10011966676
-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …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 …
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
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
trade-driven growth through increased intraregional infrastructure connectivity and regional economic integration. In 1992 …Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically … sustainable and resilient against external shocks to recover from the falling growth, most regional economies need to rebalance …
Persistent link: https://www.econbiz.de/10011638303