The government’s choices of the corporate tax rate and public investment are interdependent. In particular, they both respond positively to the other. Therefore, international tax competition not only drives corporate tax rates to lower levels but might also affect negatively the stock of...

The government's choices of the corporate tax rate and public investment are interdependent. In particular, they both respond positively to the other. Therefore, international tax competition not only drives corporate tax rates to lower levels but might also affect negatively the stock of public...

This paper has two main purposes. The first is to present, to analyze and to suggest road infrastructure investment and financing policies in Brazil. The second objective is to analyze toll road concessions, with emphasis on toll tariffs. For the last eight years federal road investment (at...

Acknowledged the importance of the Road transportation to Brazilian economy, especially when considering cargo transportation, Ipea has studied the main economical and institutional problems that involve Brazilian roads. Firstly, we present an overview of the road system from 1950's expansion to...

Firms' investment decisions involve analyzing prices, products, technologies, productive capacity and the availability of credit. These and other factors were greatly impacted by the 2009 post-crisis economic environment in Brazil. We measure the after crisis impacts of subsidized credit on the...

Social infrastructure has endured a long period of neglect in most developed and emerging countries, with chronic underinvestment exposed by the coronavirus crisis 2020. The financial crisis 2007/08 led to a slow revival of economic infrastructure policies, and a growing involvement of...

The paper provides an empirical analysis of factors affecting the use of capital market instruments for financing infrastructure public-private partnership (PPP) projects. The findings of the paper contain useful policy guidance as the data provides some evidence to suggest that banks play a...

Energy demand growth in Southeast Asian countries is predicted to be the highest in the world, with Indonesia having the highest urbanization rate. Along with growing urban areas, public infrastructures, such as streetlights, are also expanding. Unfortunately, energy conservation measures in...

The largest 25 emerging markets (by population size) will need to make about four trillion dollars worth of investments by 2020. What does this mean for investors looking to cash in on the boom in government (and hopefully private) spending on infrastructure? Which markets will generate the most...