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Does decentralization increase spending on public infrastructure?

Estache, Antonio; Sinha, Sarbajit - Economics Research, World Bank Group - 1995

- decentralization is the most effective way to deliver service. Those services have been decentralized in many countries, and many … decentralization affected spending levels on infrastructure? The outcome reflects the net outcome of opposing effects. Spending … decentralization makes spending more of less efficient. Among the conclusions they offer the following. First, decentralization tends …

Persistent link: https://www.econbiz.de/10005133563

PPI partnerships versus PPI divorces in developing countries (or are we switching from PPPI to PPDI?)

Estache, Antonio - Economics Research, World Bank Group - 2005

Thirty years ago, in 1974, Chile launched the first large-scale privatization in a developing country. About 15 years later, Argentina provided a new model of global infrastructure management. Since then a variety of public-private partnerships in infrastructure have been adopted throughout the...

Persistent link: https://www.econbiz.de/10005141592

An introduction to financial and economic modeling for utility regulators

Estache, Antonio; Rodriguez Pardina, Martin; Rodriguez, … - Economics Research, World Bank Group - 2003

The most effective regulators in developing countriesare following remarkably similar approaches. The main common element across"best practice"countries is the use of relatively simple quantitative models of operators'behavior and constraints to measure the impact of regulatory decisions on some...

Persistent link: https://www.econbiz.de/10005030393

Politics, transaction costs, and the design of regulatory institutions

Estache, Antonio; Martimort, David - Economics Research, World Bank Group - 1999

Providing a more complete framework for assessing the efficiency of government intervention requires moving away from the idealistic perspective typically found in the normative approach to traditional public economics, contend the authors. Such a move requires viewing the government not as a...

Persistent link: https://www.econbiz.de/10005030403

Financial and legal constraints to firm growth - Does size matter?

Beck, Thorsten; Demirguc-Kunt, Asli; Maksimovic, Vojislav - Economics Research, World Bank Group - 2002

Using a unique firm-level survey data base, covering fifty four countries, the authors investigate whether different financial, legal, and corruptionissues that firms report as constraints, actually affect their growth rates. The results show that the extent to which these factors constrain a...

Persistent link: https://www.econbiz.de/10005115994

Financing patterns around the world : the role of institutions

Beck, Thorsten; Demirguc-Kunt, Asl; Maksimovic, Vojislav - Economics Research, World Bank Group - 2002

Using a firm-level survey database covering 48 countries, the authors investigate whether differences in financial and legal development affect the way firms finance their investments. The results indicate that external financing of investments is not a function of institutions, although the...

Persistent link: https://www.econbiz.de/10005116074