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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …