Showing 1 - 10 of 122
We evaluate the impact of a place-based infrastructure development scheme directed towards India's most "backward …
Persistent link: https://www.econbiz.de/10011896952
The recent debates on infrastructure spending have led to renewed interest in the measurement of infrastructure and its … effects on growth and well-being. This paper updates estimates of one important type of infrastructure capital—highways and … paper encourages discussion about how to measure infrastructure capital, particularly highways and streets, and its effects. …
Persistent link: https://www.econbiz.de/10014584324
This paper builds on a previous paper by the authors (Kornfeld and Fraumeni, 2022) that primarily used U.S. Federal Highway Administration Highway Statistics data to disaggregate investment in highways and streets into more detailed types to produce updated estimates of net wealth stocks and...
Persistent link: https://www.econbiz.de/10014584337
causal impacts of transportation infrastructure has grown in recent years, only a few papers have focused on the effects of … associated with the new metro infrastructure and dynamic impacts after the opening of the first metro station, with effects that …
Persistent link: https://www.econbiz.de/10015084109
Using firm-level data from nine developing countries we demonstrate that (a) certain institutions like restrictive labour market regulations that are considered to be bad for economic growth might be beneficial for production efficiency, whereas (b) good business environment which is considered...
Persistent link: https://www.econbiz.de/10009130624
Institutions are now widely believed to be important in explaining performance. In this paper, we analyze whether commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms. We look at three 'levels' of institutions and associated...
Persistent link: https://www.econbiz.de/10009153586
We introduce a novel approach to modeling the impact of institutional quality on firm performance. Our methodology enables us to estimate the marginal effect of institutional quality on TFP, factor inputs and output of each firm, which gives us within-country distributions of these effects and...
Persistent link: https://www.econbiz.de/10010230492
The Cold War division of Korea, regarded as a natural experiment in institutional change, provides a unique opportunity to examine whether institutions affect social preferences. We recruited North Korean refugees and South Korean students to conduct laboratory experiments eliciting social...
Persistent link: https://www.econbiz.de/10009793140
In this paper we theoretically and empirically examine how the interaction between the formal court system and the informal loan network affects a household's decision to start a business. We find that when the formal court system is weak, expansion of informal credit network leads to the...
Persistent link: https://www.econbiz.de/10010488828
There is considerable debate regarding the relative contribution of international migrants' remittances to sustainable economic development. While the rates and levels of officially recorded remittances to developing countries has increased enormously over the last decade, academic and...
Persistent link: https://www.econbiz.de/10003323170