Similar Search Results

Returns to Publicly Owned Transport Infrastructure Investment. A Cost Function/Cost Share Approach for Norway, 1971-1991

Bye, Torstein; Katz, Alexandra - 1995

An issue of major concern to politicians and policy-makers around the world today is whether transport infrastructure investments, such as those in roads and airports, generate enough economic benefits to justify their very large price tag. Beginning in the mid 1970s, nearly all OECD countries...

Persistent link: https://www.econbiz.de/10011967926

The Role of Risk and Information for International Capital Flows: New Evidence from the SDDS

Hashimoto, Yuko; Wacker, Konstantin M. - 2012

In this paper, we investigate whether better information about the macroeconomic environment of an economy has a positive impact on its capital inflows, namely portfolio and foreign direct investment (FDI). The purpose of our study is to explicitly quantify information asymmetries by compliance...

Persistent link: https://www.econbiz.de/10010329996

The persistent effects of place-based policy: Evidence from the West-German Zonenrandgebiet

von Ehrlich, Maximilian; Seidel, Tobias - 2015

Using a natural experiment from Germany, we show that temporary placebased subsidies generate persistent effects on economic density. We identify employment and capital formation as main channels for higher income per square kilometer. As the spatial regression discontinuity design allows us to...

Persistent link: https://www.econbiz.de/10011420633

Does Improved Sanitation Reduce Diarrhea in Children in Rural India?

Kumar, Santosh; Vollmer, Sebastian - 2012

Almost nine million children under five years of age die every year. Diarrhea is considered to be the second leading cause of under- five mortality in developing countries. About one out of five deaths is caused by diarrhea. In this paper, we use the newly available data set DLHS-3 to quantify...

Persistent link: https://www.econbiz.de/10010329964

Some Norwegian Politicians' Use of Cost-Benefit Analysis

Nyborg, Karine - 1996

Members of the Norwegian Parliament were interviewed about the decision process concerning national road investments. Most of them found cost-benefit analysis useful, but apparently not as a device for ranking projects. Rather, the cost-benefit ratio was used to pick project proposals requiring...

Persistent link: https://www.econbiz.de/10011967941

Review of literature on the productivity of public capital

Hamalainen, Pellervo - 2009

This paper summarizes previous results on the productivity of public capital. In recent literature, Aschauer's (1989) estimate for the productivity of public capital is often considered too high and the size of the effect is still open to debate. However, the positive effect of public capital on...

Persistent link: https://www.econbiz.de/10012503009

Offshoring, Relocation and the Speed of Convergence: Convergence in the Enlarged European Union

Alho, Kari E. O.; Kaitila, Ville; Widgrén, Mika - 2008

Economic convergence of the new member states (NMS) of the EU towards the old EU countries (EU-15), not only in terms … indebtedness. At the same time we evaluate the impact of convergence on the EU-15 countries also, by endogenising offshoring and … process of convergence. We find that in a general equilibrium setting fears of large adverse effects of a relocation of EU-15 …

Persistent link: https://www.econbiz.de/10012502995

Do we know what we think we know? Aid fragmentation and effectiveness revisited

Gehring, Kai; Michaelowa, Katharina; Dreher, Axel; … - 2015

Aid fragmentation is widely recognized as being detrimental to development outcomes. We re-investigate the impact of fragmentation on aid effectiveness in the context of growth, bureaucratic policy, and education, focusing on a number of conceptually different indicators of fragmentation, and...

Persistent link: https://www.econbiz.de/10011332285

The costs of favoritism: Is politically-driven aid less effective?

Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010

As is now well documented, aid is given for both political as well as economic reasons. The conventional wisdom is that politically-motivated aid is less effective in promoting developmental objectives. We examine the ex-post performance ratings of World Bank projects and generally find that...

Persistent link: https://www.econbiz.de/10010329898

Buying Votes and International Organizations

Dreher, Axel; Vreeland, James Raymond - 2011

This study explores a basic idea in political economy: Trading money for political influence. Our focus is at the level of international institutions, where governments may exploit their influence in one organization to gain leverage over another. In particular, we consider the lending...

Persistent link: https://www.econbiz.de/10010329899