This article analyzed theoretically and empirically the influence of infrastructure investment on economic growth in Nigeria from 1980–2006. The study employed the use of vector error correction estimate (VECM). The variables were found to be stationary at order 1, and there exists a...

In spatial competition, public infrastructure plays a crucial role in determining product market outcomes. In our model, consideration of infrastructure’s impact on the product market drives the voting behavior of consumers in their dual role as voter/taxpayers. The spatial heterogeneity of...

The same methodology Oecd and Ecofin apply to project future trends of health care expenditue is here applied to reconstruct backwards Italian health care expenditure. The time horizon is 1988-2012. Results are described and argued. Important evidence emerges on the historical value of the...

We study the impact of an offshore financial center on the economy in the presence or absence of bank secrecy in a two-country setting with heterogeneous investors who choose where to deposit their savings. Rather than focussing on tax competition, we acknowledge that countries use two...

This paper explains why and how a small country can be an offshore financial center (OFC). We build a model involving a small and a large country competing for portfolio investments. They use two instruments, taxation and institutional infrastructure. We identify the conditions for an OFC to be...

The objective of the paper is to examine the growth in infrastructure base in Andhra Pradesh and the need and scope for its further expansion.

El presente documento tiene como objetivo evaluar alternativas de gestión y tamaños de colegios públicos en función de su contribución a la mejora del rendimiento de los estudiantes de primaria y al uso eficiente de los recursos públicos. Para tal fin, se utiliza la metodología de...

Debido a las crisis fiscales y productivas que asolaron a los países de América Latina y del Caribe durante la década de 1980, se buscó la participación de agentes privados en los sectores de agua potable y saneamiento. Hasta esa década, el sector estaba regulado y administrado por el...

The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...

Este capítulo consta de tres secciones. En la primera, se revisa rápidamente la situación actual de cada una de las infraestructuras de los cuatros servicios públicos bajo análisis: Agua potable, electricidad, telecomunicaciones y transporte. En la segunda sección, se realiza una...