Given the renewed and growing importance of the initiative of the private sector in developing public infrastructure …

In this paper we analyze the effect of infrastructure on the cost and productivity performance of the private … still scope for the government to continue its investment efforts, given that there remains an appreciable gap between … observed and optimal public capital, and we find that in the long run, public capital promotes private investment …

) model that accounts for flows and (quality-adjusted) stocks of public infrastructure, private investment, as well as changes … public infrastructure has both "flow" and "stock" effects on private investment in Egypt, but only a "stock" effect in Jordan … policy reforms aimed at limiting investment to infrastructure capital that crowds in the private sector and corrects for …