The main purpose of this study is to determine whether public capital contributes to productivity growth and, if so, what kind of public capital contributes most. We analyze a dataset of 46 prefectures in Japan over 41 years, from 1955 to 1995, and estimate the production function as the...

Low levels of infrastructure quality and quantity can create trade impediments through increased transport costs. Since the late 1990s an increasing number of trade studies have taken infrastructure into account. The purpose of the present paper is to quantify the importance of infrastructure...

Infrastructure development in Southeast Asia has been financed mainly by public funds, which leave wide gaps in majority of countries. Governments have tried to attract the private sector by offering various schemes under public-private partnership (PPP). Typically, PPP contributes less than 1%...

Given the limited availability of data in South Korea, this study proposes a method by which to estimate regional capital stock by modifying the benchmark year method (BYM) and applies it to estimate regional net capital stock by sector in transport infrastructure. First, it estimates...

Theoretical propositions proclaim that the association between Infrastructure Availability and Development of a region is quite strong and runs from the former to the latter. Empirical studies are however, inconclusive. While few researchers have concluded that the impact of infrastructure on...

The overall growth of government-owned infrastructure has been very similar across most regions over the past 44 years. With the exception of the Atlantic Provinces, the range of average annual capital growth from one region to the next has been very narrow, falling between 1.8% and 2.2% since...

This article describes world urbanization prospects, discovers some peculiarities of city growth in different regions, and makes the analysis of dependencies in economic growth and infrastructure investments. As a result, considerable discrepancies in urbanization process and its infrastructure...

This paper assesses the effects of public capital in Italy on the main macroeconomic aggregates: GDP, private capital and labour. A cointegrated vector autoregressive (VAR) model, in line with recent advancements in the field, allows us to take into account the complex nexus of direct and...

Este trabajo analiza el papel de las infraestructuras en la producción regional. En particular, se presta atención a la existencia de desbordamiento espacial del capital público entre regiones. La frontera de producción estocástica permite modelizar la heterogeneidad regional a través de...

Lambrinidis M., Psycharis Y. and Rovolis A. (2005) Regional allocation of public infrastructure investment: the case of Greece, Regional Studies 39 , 1231-1244. This paper develops a model on the determinants of the regional allocation of public infrastructure investment and applies it to Greece...