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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 …
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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
An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key … dominant position in the provision of infrastructure, and the opening up of these industries to private participation, have … renewed the debate on the role of infrastructure in the region's development. The focus of this paper is three-fold. First, it …
Persistent link: https://www.econbiz.de/10012976525
Calderon and Serven provide an empirical evaluation of the impact of infrastructure development on economic growth and … include, among the regressors, infrastructure quantity and quality indicators, in addition to standard controls. To account … for the potential endogeneity of infrastructure (as well as that of other regressors), the authors use a variety of …
Persistent link: https://www.econbiz.de/10012749062
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