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. Infrastructure provision is seen as a particularly important instrument for helping in regional development where government can play … a significant role due to the public goods nature of infrastructure facilities. Literature confirms the positive … association between infrastructure and growth. However, it is not necessary that economic growth attributable to infrastructure …
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expenditures in education, health, and infrastructure on economic growth, poverty, and income distribution in the past 20 years …
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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/10011396315
"Calderán 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/10010522934
How much an economy should invest in its physical infrastructure is a crucial question being asked by policy makers … question by bringing insights from the literature that investigates the relationship between infrastructure investment … investigate the relationship between physical infrastructure and economic growth mostly conclude that there exists a positive …
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