Showing 1 - 10 of 497
Persistent link: https://www.econbiz.de/10009706785
While expanding public investment can help filling infrastructure bottlenecks, scaling up too much and too fast often … public investment in a large sample of road construction projects in developing countries. Consistent with the presence of … absorptive capacity constraints, our results show a non-linear U-shaped relationship between public investment and project costs …
Persistent link: https://www.econbiz.de/10012251291
covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income …Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions … distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between …
Persistent link: https://www.econbiz.de/10014395384
This paper studies the prospects for sustainable growth and economic development in Gabon, in the face of a severe decline in its main source of income and growth, i.e. oil. A simple Computable General Equilibrium model is used to simulate the development of the non-oil economy under various...
Persistent link: https://www.econbiz.de/10014401724
among the factors that have contributed most to delaying the private sector’s investment response and preventing a …
Persistent link: https://www.econbiz.de/10014396459
We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment … macroeconomic policy. Both private capital inflows and domestic credit exert a positive effect on investment; they also mediate most … of the investment impact of the global price of risk and domestic borrowing costs. Surprisingly, neither greater domestic …
Persistent link: https://www.econbiz.de/10014396586
Despite the growing support for market-oriented strategies, and for a greater role of private investment, empirical … growth models for developing countries typically make no distinction between the private and public components of investment … public sector and private sector investment. This model is estimated for a cross - section sample of 24 developing countries …
Persistent link: https://www.econbiz.de/10014396368
Persistent link: https://www.econbiz.de/10009572374
Persistent link: https://www.econbiz.de/10009726456
Now close to 50 percent of GDP, this paper assesses the appropriateness of China's current investment levels. It finds … that China's capital-to-output ratio is within the range of other emerging markets, but its economic growth rates stand out …, partly due to a surge in investment over the last decade. Moreover, its investment is significantly higher than suggested by …
Persistent link: https://www.econbiz.de/10009678976