It is widely accepted that investing in public infrastructure promotes economic development. However, there is little … awareness of the prevalence of unfinished infrastructure projects and their consequences. In this paper, I study the effect of … unfinished sewerage infrastructure on early-life mortality in Peru. I compile several sources of administrative panel data for 1 …

I provide evidence of the severe social costs imposed by infrastructure projects that are being implemented (i …. Failing to take the implementation phase into account could severely bias the welfare evaluation of infrastructure. …

This paper introduces and critically analyzes an emerging form of global infrastructure development by China …'s infrastructure construction companies, known as "integrated investment, construction, and operation" (IICO). This model has been … promoted by the Chinese infrastructure industry, financial institutions, and policymakers in recent years, as a response to the …

This research examines the effects of privatization transaction strategy on enterprise performance in developing … economies. Focusing on trade sale privatization, we use an event-driven data strategy and time-series regression techniques on … realized when privatization trade sales introduce large-block foreign shareholdings and hybrid forms of governance, such as …

Poorly maintained public infrastructure is common in low- and middle-income countries, with consequences for service …

What determines the aggregate and distributional effects of new transportation infrastructure? One key overlooked … channel is the role that infrastructure policy plays in changing the incentives of firms to enter, exit, and grow--in turn … infrastructure. Firms play a critical role in driving these results: highways increase firms' size, entry rates, survival rates, and …