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This paper aims to investigate the relationship between physical infrastructure and economic development of Pakistan. A … composite index of physical infrastructure has been constructed through Principal Component Analysis. This has been done by … taking into account three different dimensions of infrastructure i.e. transportation infrastructure, energy infrastructure …
Persistent link: https://www.econbiz.de/10011107814
The objective of this paper is to estimate an econometric model for analyzing the interrelationship between foreign direct investment, domestic capital and economic growth in 13 MENA countries by using a ‘growth model’ framework and simultaneous-equations models estimated by the Generalized...
Persistent link: https://www.econbiz.de/10010891073
regions, Regional Studies 39 , 297-304. Regional infrastructure policies, through increased public investment, are widely used …
Persistent link: https://www.econbiz.de/10005491611
Undoubtedly, reliable, efficient infrastructure is crucial to economic and social development and the promotion of pro …-poor growth. Poor infrastructure impedes a nation’s economic growth and international competitiveness. In fact, it has long been … recognised that an adequate supply of infrastructure services is an essential ingredient for productivity and growth. Moreover …
Persistent link: https://www.econbiz.de/10011139227
inflows was, however, highly uneven. In parallel, the spatial allocation of public infrastructure greatly mirrored these … regional disparities. What were the determinants of FDI location? What was the role of public infrastructure? This paper … neighbouring provinces. Paved roads seem also matter but other proxies of infrastructure do not seem to be that important …
Persistent link: https://www.econbiz.de/10005621706
infrastructure levels and limited access to capital. We consider both expenditure and financing aspects of government activity, but …
Persistent link: https://www.econbiz.de/10005190895
This paper aims to analyze the macroeconomic impact of infrastructures through review of the literature, meta-analysis and empirical analysis of the Italian data. We report a general consensus over the positive effects of infrastructures, even though the results are affected by the estimation...
Persistent link: https://www.econbiz.de/10010546961
This article reviews the literature analysing the importance of infrastructure for economic growth, and performs an … development of projects that help to reduce the infrastructure disparities that hinder the development of Peru's regions. …
Persistent link: https://www.econbiz.de/10010842551
This paper provides an overview of both theoretical and empirical literature on the link between public investment (capital) and economic growth (national income). We first survey the channels through which public capital can conceivably affect growth. We then turn to reviewing the existing...
Persistent link: https://www.econbiz.de/10005006791
This paper investigates whether there is a lack of public capital in European Union countries. The analysis builds on a new database providing internationally comparable capital stock estimates for 22 OECD countries, among these 14 EU countries, for the period 1960-2001. A simple model of...
Persistent link: https://www.econbiz.de/10005006797