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existing paved road network is expanded significantly? We investigate this question for the case of Turkey, which undertook a … large-scale public investment in roads during the 2000s. Using spatially disaggregated data on road upgrades and domestic …
Persistent link: https://www.econbiz.de/10014356796
Researchers, commentators, and politicians have devoted steadily more attention to infrastructure in response to claims … between infrastructure and productivity growth remains controversial. In this regard, it is somewhat surprising that … infrastructure research has developed in isolation from the large literature on economic growth. We develop a neoclassical growth …
Persistent link: https://www.econbiz.de/10013243379
The importance of increments to an existing highway system depends upon their contributions to the accessibility provided by the existing network. Nearly 40 years ago, Mohring [1965] suggested this logic for planning optimal highway investment programs. He argued it could be implemented by...
Persistent link: https://www.econbiz.de/10013143462
Is public sector infrastructure a key determinant of productivity? Traditional, project-based analyses of benefits and … costs typically do not find large rates of return. Proponents of infrastructure spending instead point to regression …-based analyses of the links between private productivity and public infrastructure that imply large productivity effects from public …
Persistent link: https://www.econbiz.de/10013243633
This paper addresses the complex relationship between geography and macroeconomic growth. We investigate the ways in which geography may matter directly for growth, controlling for economic policies and institutions, as well as the effects of geography on policy choices and institutions. We find...
Persistent link: https://www.econbiz.de/10013238940
Miguel, Satyanath and Sergenti (2004) use rainfall variation as an instrument to show that economic growth is negatively related to civil conflict in sub-Saharan Africa. In the reduced form regression they find that higher rainfall is associated with less conflict. Ciccone (2010) claims that...
Persistent link: https://www.econbiz.de/10013137019
Why was the Black Death followed by the decline of serfdom in Western Europe but its' intensification in Eastern Europe? What explains why involvement in Atlantic trade in the Early Modern period was positively correlated with economic growth in Britain but negatively correlated in Spain? Why...
Persistent link: https://www.econbiz.de/10013124230
We analyze the economic consequences for less developed countries of investing in female health. In so doing we introduce a novel micro-founded dynamic general equilibrium framework in which parents trade off the number of children against investments in their education and in which we allow for...
Persistent link: https://www.econbiz.de/10013018319
This paper presents a model where human capital differences - rather than technology differences - can explain several central phenomena in the world economy. The results follow from the educational choices of workers, who decide not just how long to train, but also how broadly. A quot;knowledge...
Persistent link: https://www.econbiz.de/10012751445
theory also establishes that after economic integration, the high skill countries see a disproportionate increase in …
Persistent link: https://www.econbiz.de/10012751700