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This paper investigates the impact of public capital on private sector output by testing and estimating an aggregate production function for the U.S. economy over the postwar period augmented to include the stock of public capital as an additional factor input. We use patent applications to...
Persistent link: https://www.econbiz.de/10012677663
maintaining infrastructure networks. Over the past decade, developed and developing countries have looked to fiscal rules … instruments to raise additional finance for infrastructure investment. This paper looks at the range of options for raising the … financing to meet Tanzania's infrastructure needs. It begins with a brief survey of the evidence on the relationship bet …
Persistent link: https://www.econbiz.de/10012677684
With limited financing options, increasing investment efficiency will be a critical avenue to building infrastructure … scores for a wide range of countries employing metrics of infrastructure quantity and utilization. We find that efficiency … inefficiencies could increase infrastructure output by 55 percent overall, when averaging across 12 estimation approaches …
Persistent link: https://www.econbiz.de/10015059445
maintaining infrastructure networks. Over the past decade, developed and developing countries have looked to fiscal rules … instruments to raise additional finance for infrastructure investment. This paper looks at the range of options for raising the … financing to meet Tanzania's infrastructure needs. It begins with a brief survey of the evidence on the relationship between …
Persistent link: https://www.econbiz.de/10014409074
This paper looks at the empirical record whether big infrastructure and public capital drives have succeeded in …
Persistent link: https://www.econbiz.de/10010959467
reducing costs of doing business, improving financial access, and developing infrastructure, could stimulate corporate …
Persistent link: https://www.econbiz.de/10009654154
context, the paper highlights the need for fiscal policies to address infrastructure gaps, stimulate private consumption and … public spending rather than increasing borrowing. Supporting structural reforms, aiming to stimulate private infrastructure …
Persistent link: https://www.econbiz.de/10008727808
space is used for increasing health and education spending, infrastructure spending, or both. The analysis takes place … economy; increasing health and education spending can face sizeable capacity constraints; and infrastructure spending has a …
Persistent link: https://www.econbiz.de/10008540936
literature as well as for the role of the quality of public infrastructure investment in creating a gap between rich and poor …
Persistent link: https://www.econbiz.de/10008528662
Liberia is facing large infrastructure gaps and developmental needs that constrain the country’s growth potential. The … investment in infrastructure and human capital. Fiscal space remains constrained by rigidities in current spending and the …
Persistent link: https://www.econbiz.de/10010790418