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accompanying freely downloadable Excel-based tool. It also constructs a new Infrastructure Efficiency Index (IEI), by combining …
Persistent link: https://www.econbiz.de/10012909745
Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for … economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure … the drivers of income growth, the degree to which infrastructure represents a public or a private good, and the extent of …
Persistent link: https://www.econbiz.de/10012972738
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/10012974067
, particular attention is paid to the role of infrastructure as a constraining factor on trade expansion. The second part discusses … Dominican Republic -- a country where infrastructure indicators remain relatively weak. The results illustrate the potentially …
Persistent link: https://www.econbiz.de/10012976597
In the past half a century, Egypt has experienced remarkable progress in the provision of infrastructure in all areas … perspective, Egypt has achieved an infrastructure status that closely corresponds to what could be expected given its national … income level. The present infrastructure status is the result of decades of purposeful investment. In the past 15 years …
Persistent link: https://www.econbiz.de/10012976728
How much an economy should invest in its physical infrastructure is a crucial question being asked by policy makers … question by bringing insights from the literature that investigates the relationship between infrastructure investment … investigate the relationship between physical infrastructure and economic growth mostly conclude that there exists a positive …
Persistent link: https://www.econbiz.de/10012832823
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 … indirect) channels of influence between infrastructure and productivity improvements. The authors explore these possibilities …
Persistent link: https://www.econbiz.de/10012747990
) are scored in a sample of 175 countries using data from 2006-16 on education, health, and infrastructure. The paper … need more resources than others to achieve similar education, health, and infrastructure outcomes …
Persistent link: https://www.econbiz.de/10012911270
Disruption of infrastructure services can cause significant social and economic losses, particularly in the event of a … natural disaster. The World Bank Group and the Government of Japan established the Quality Infrastructure Investment … Partnership to focus attention on the quality dimensions of infrastructure in developing countries, with a focus on promoting …
Persistent link: https://www.econbiz.de/10012911272
This study argues that public infrastructure is an important though previously neglected driving mechanism of the … neoclassical growth model with heterogeneous firms, where public infrastructure contributes to firms' production and mitigates the … infrastructure in recent decades, yet remains in deep need of further infrastructure improvements. The accumulation of infrastructure …
Persistent link: https://www.econbiz.de/10012941035