Showing 1 - 10 of 42
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
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
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
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
Government spending on infrastructure has recently increased sharply in many emerging-market economies. This paper … examines the mechanism through which public infrastructure spending affects the dynamics of the real exchange rate. Using a two …
Persistent link: https://www.econbiz.de/10009572527
infrastructure including in urban areas to enhance manufacturing and services in cities; (4) preparing labor …
Persistent link: https://www.econbiz.de/10012679201
Natural resource revenues provide a valuable source to finance public investment in developing countries, which frequently face borrowing constraints and tax revenue mobilization problems. This paper develops a dynamic stochastic small open economy model to analyze the macroeconomic effects of...
Persistent link: https://www.econbiz.de/10012690162
Intro -- Contents -- I. INTRODUCTION -- II. THE SCOPE OF PUBLIC-PRIVATE PARTNERSHIPS -- III. BUILD-OPERATE -- IV. IDENTIFICATION OF THE ENDOGENOUS AND EXOGENOUS RISKS -- V. "WHITE ELEPHANTS" -- VI. COST-BENEFIT ANALYSIS: PRICES AND DISCOUNT RATES -- VII. THE ALLOCATION OF RISK BETWEEN THE PUBLIC...
Persistent link: https://www.econbiz.de/10012691080
We develop a detailed model to evaluate the necessary investment requirements to achieve affordable universal broadband. The results indicate that approximately $418 billion needs to be mobilized to connect all unconnected citizens globally (targeting 40-50 GB/Month per user with 95 percent...
Persistent link: https://www.econbiz.de/10015059695
Shocks to aggregate activity in China have a significant and persistent short-run impact on the price of oil and some base metals. In contrast, shocks to apparent commodity-specific consumption (in part reflecting inventory demand) have no effect on commodity prices. China’s impact on...
Persistent link: https://www.econbiz.de/10011142150