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additional insights on whether the relationship between infrastructure and growth depends on five additional variables: the … infrastructure were indeed associated with higher growth. However, a more nuanced look at the sensitivity of infrastructure impacts … research that infrastructure plays an important role in promoting growth, as well as with the viewpoint that certain countries …
Persistent link: https://www.econbiz.de/10012552383
This paper examines whether infrastructure investment has contributed to East Asia's economic growth using both a … exercise and cross-country regressions fail to find a significant link between infrastructure, productivity and growth. These … growth accounting framework and cross-country regressions. For most of the variables used, both the growth accounting …
Persistent link: https://www.econbiz.de/10012552374
Empirical explorations of the growth and productivity impacts of infrastructure have been characterized by ambiguous … infrastructure overprovision, simultaneity between infrastructure provision and growth, and the possibility of multiple (hence … is also shown to hold for their data set in estimations that include the infrastructure measures in simple growth …
Persistent link: https://www.econbiz.de/10012553817
Existing literature on the relationship between infrastructure and economic growth is inconclusive. This study … evaluates the contributions to economic growth of three main categories of infrastructure - transport, electricity, and …, includes new types of infrastructure such as mobile phones, and provides separate estimates for developing and developed …
Persistent link: https://www.econbiz.de/10013255421
The authors provide an empirical evaluation of the impact of infrastructure development on economic growth and income … measures of infrastructure quantity and quality. The two robust results are: (1) growth is positively affected by the stock of … quality on growth and inequality. These two results combined suggest that infrastructure development can be highly effective …
Persistent link: https://www.econbiz.de/10012559826
focus on the creation of fiscal space for increased investment in infrastructure, as well as on indicators related to macro … infrastructure projects with high productivity effects and the crucial role of financing in determining the net effects of expanded … government infrastructure spending. Transfer programs can generate immediate welfare gains but are less effective over time …
Persistent link: https://www.econbiz.de/10012560158
Governance is central to development outcomes in infrastructure, not least because corruption (a symptom of failed … governance) can have significantly negative impact on returns to infrastructure investment. This conclusion holds whether … infrastructure is in private or public hands. This paper looks at what has been learned about the role of governance in …
Persistent link: https://www.econbiz.de/10012552778
This paper presents a basic assessment of the financial performance of infrastructure service operators in developing …
Persistent link: https://www.econbiz.de/10012559809
assessment of the contribution of infrastructure development to growth across Latin America. Third, it examines the trends in the …An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key … dominant position in the provision of infrastructure, and the opening up of these industries to private participation, have …
Persistent link: https://www.econbiz.de/10012551533
assessment of the contribution of infrastructure development to growth across Latin America. Third, it examines the trends in the …An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key … dominant position in the provision of infrastructure, and the opening up of these industries to private participation, have …
Persistent link: https://www.econbiz.de/10012551735