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Infrastructure is the economic growth theory of the market economy. The missing comprehensive approach to … infrastructure corresponds to the practiced neglect of the long-term policy objective of economic growth in the economic order of the …, institutional and personal infrastructure, infrastructure policy as an indirect approach to economic growth policy is suggested. The …
Persistent link: https://www.econbiz.de/10010271485
We study the dispersion in rates of provincial economic- and TFP growth in China. Our results show that regional growth … capital, and infrastructure capital; the infusion of new technology and its regional spread; and market reforms, with a major … step forward occurring following Deng Xiaoping's South Trip in 1992. We find that FDI had much larger effect on TFP growth …
Persistent link: https://www.econbiz.de/10010268707
The paper analyzes the contribution of public capital to private output using several meta-analytical techniques. Both fixed and random effects models are estimated by Weighted Least Squares. Sample overlap across studies is explicitly controlled for by employing a full' Generalized Least...
Persistent link: https://www.econbiz.de/10010275668
Seidenstraße" entlang der Routen nach einer konservativen Schätzung zu einem Wirtschaftswachstum von durchschnittlich 3,5% und … Nordroute in den russischen Zentralraum könnte die verbesserte Infrastruktur der Kernstrecke bedeutende Zeitersparnisse von über …The study concludes that Europe should respond to China's New Silk Road initiative with a coherent infrastructure …
Persistent link: https://www.econbiz.de/10012100204
gestrichen werden. 3. Grundlagen für künftiges Wachstum schaffen. Dazu muss beständig und effektiv in die Infrastruktur … investiert werden - nicht im Rahmen von Hauruck-Programmen. Die Mittel für eine ordentliche Infrastruktur sind da - die Politik …
Persistent link: https://www.econbiz.de/10010475140
capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process … effective tax rate. We show how persistent differences in growth rates across countries could stem from differential public … (such as law enforcement), versus the stock of tangible public infrastructure. Although the flow of public expenditure …
Persistent link: https://www.econbiz.de/10010285326
The provision of infrastructure and related services in developing Asia via publi-private partnership (PPP) increased …. Empirical results suggest that increasing the ratio of PPP investment to GDP improves access to and quality of infrastructure … services, and economic growth will potentially be higher. But this optimism is conditional, especially on the region's efforts …
Persistent link: https://www.econbiz.de/10012064713
countries. Section I reviews the evidence on the role of infrastructure in promoting economic growth. It is argued that …, although infrastructure may be more important for growth than other types of capital, the exact size and form of its effect is …This paper surveys the main issues and controversies in the economic literature on infrastructure in developing …
Persistent link: https://www.econbiz.de/10010323687
jointly determines GDP growth, real exchange rate and net foreign assets in Indian economy. There is evidence that public … investment exerts a significant influence on real exchange rate and the growth rate and does so non-linearly. A comparison of the …
Persistent link: https://www.econbiz.de/10010288776
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on … infrastructure investment in telecommunications and the electricity sectors has a robust positive effect on long-term growth (but not …
Persistent link: https://www.econbiz.de/10010273809