Showing 1 - 10 of 978
reallocating public spending from infrastructure investment to human development sectors in Bangladesh is small. …
Persistent link: https://www.econbiz.de/10012654399
This paper analyzes whether hosting the most prestigious European cultural event, the European Capital of Culture, has an impact on regional economic development or the life satisfaction of the local population. Concerning the economic impact, we show that European Capitals are hosted in regions...
Persistent link: https://www.econbiz.de/10010316915
of public goods are lower than valuations of private goods, contrary to theory predictions. This study elicits the …
Persistent link: https://www.econbiz.de/10012654481
This essay explores the role of the state in promoting exports and industrialization in the quest for transformation of African economies. It does this by exploring the role of trade in African economies followed by a brief look at the East Asian Developmental state. This is followed by an...
Persistent link: https://www.econbiz.de/10010287814
In a continuous-time setting, we study the design of a dynamic contract between a government and a private entity, wherein the latter commits to pay the government in return for the exclusive right to sell a service by operating a public facility. Private revenues are modelled as depending on...
Persistent link: https://www.econbiz.de/10014305705
Recent studies have found that resource-rich low-income countries are better off investing their resource revenues domestically rather than saving them abroad in a sovereign wealth fund (SWF). This paper finds an optimal rule-based policy of accumulating public capital and its associated public...
Persistent link: https://www.econbiz.de/10014547722
This paper presents new evidence on the links between public-infrastructure provisioning and time allocation related to … the water sector in India. An analysis of time-use data reveals that worsening public infrastructure affects market work …, with evident gender differentials. The results also suggest that access to public infrastructure can lead to substitution …
Persistent link: https://www.econbiz.de/10010266608
Can infrastructure investment win "hearts and minds"? We analyze a famous case in the early stages of dictatorship …
Persistent link: https://www.econbiz.de/10011282488
We study the effects of granting an exit option that enables the private party to early terminate a PPP project if it turns out to be loss-making. In a continuous time setting with hidden information about stochastic operating profits, we show that a revenue-maximizing government can optimally...
Persistent link: https://www.econbiz.de/10011957024
heterogeneous effect of public investment as regards to infrastructure. Hence, I divide government investment into infrastructure vs … non-infrastructure. The study uses structural vector auto-regressions (SVAR) and impulseresponse- functions analysis to … investment, which is mainly due to the non-infrastructure part of government investment. Private investment has a larger effect …
Persistent link: https://www.econbiz.de/10011807721