Showing 1 - 10 of 1,070
Empirical explorations of the growth and productivity impacts of infrastructure have been characterized by ambiguous … indirect) channels of influence between infrastructure and productivity improvements. The authors explore these possibilities … of infrastructure on labor productivity, and the indirect impact of infrastructure on total factor productivity …
Persistent link: https://www.econbiz.de/10012747990
This paper provides an overview of the various channels through which public infrastructure may affect growth. In … addition to the conventional productivity, complementarity, and crowding-out effects typically emphasized in the literature …, the impact of infrastructure on investment adjustment costs, the durability of private capital, and the production of …
Persistent link: https://www.econbiz.de/10012747913
The author provides a preliminary benchmarking of infrastructure performance in Lesotho in four major sectors … of comparator countries using a new World Bank international data base with objective and perception-based indicators of … infrastructure performance from over 200 countries. The results of the benchmarking are revealing of several major, comparative …
Persistent link: https://www.econbiz.de/10014059911
World Bank?s Long-Term Growth Model (LTGM), by separating the total capital stock into public and private portions, with the … accompanying freely downloadable Excel-based tool. It also constructs a new Infrastructure Efficiency Index (IEI), by combining …
Persistent link: https://www.econbiz.de/10012909745
business environment variables at the subnational level in explaining firm employment and productivity growth. The analysis … finds basic protection, access to finance and infrastructure, and the existence of a strong agglomeration environment to be …
Persistent link: https://www.econbiz.de/10012951517
This is the background paper for the productivity extension of the World Bank's Long-Term Growth Model (LTGM). Based on … Penn World Table, and assesses the pattern of productivity growth across regions and income groups over the same sample … an extensive literature review, the paper identifies the main determinants of economic productivity as innovation …
Persistent link: https://www.econbiz.de/10012870812
Infrastructure is an important driving force for economic growth. It reduces trade and transaction costs and stimulates … the productivity of the economy. Africa has been lagging behind in the global manufacturing market. Among others …, infrastructure is an important constraint in many African countries. Using firm-level data for East Africa, the paper reexamines the …
Persistent link: https://www.econbiz.de/10012971679
This paper provides a systematic, empirical assessment of the impact of infrastructure quality on the total factor … productivity (TFP) of African manufacturing firms. This measure is understood to include quality in the provision of customs … TFP, and allocative efficiency. For each country the impact is evaluated based on 10 different productivity measures …
Persistent link: https://www.econbiz.de/10012976709
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
substantial barrier to growth. Adequate infrastructure reduces costs, supports economic activity, increases factor productivity in …Adequate urban infrastructure can be expensive, but the costs of not delivering housing, transportation, water, sewage …, public facilities, and other necessities are also high. Inadequate infrastructure slows and even reverses economic growth …
Persistent link: https://www.econbiz.de/10012973208