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This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different types of infrastructure spending and linkages between...
Persistent link: https://www.econbiz.de/10012801569
This paper provides methodologies for evaluating consumer benefits of infrastructure services using potentially observable information. We define benefit measures for consumers and, using general principles from the index number literature, derive alternative first and second order...
Persistent link: https://www.econbiz.de/10013056511
The paper examines the politics of infrastructure in the post-privatisation era. It shows the tensions between the interests of private investors and the expectations of the citizenry for the assembly of a raft of capital assets that collectively underpin the operation of liveable sustainable...
Persistent link: https://www.econbiz.de/10012992915
A recent Asian Development Bank publication estimates the large infrastructure financing requirement in Asia for the period 2016-2030, which establishes the strong need to encourage private sector participation to meet investment requirements. This paper analyzes a critical aspect of expanding...
Persistent link: https://www.econbiz.de/10011896351
In the past forty years infrastructure provision and operation in advanced nations have been transformed from a sector dominated by state-owned utilities into one characterised by a growing presence of private capital and diverse non-state organisational structures. The chapter shows how these...
Persistent link: https://www.econbiz.de/10012996038
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different types of infrastructure spending and linkages between...
Persistent link: https://www.econbiz.de/10013307758
This paper presents new evidence on the links between public-infrastructure provisioning and time allocation related to the water sector in India. An analysis of time-use data reveals that worsening public infrastructure affects market work, with evident gender differentials. The results also...
Persistent link: https://www.econbiz.de/10003727295
The Asian region has experienced substantial growth over the past several decades. Indeed, a quarter of all world exports now come from East Asia. Strong infrastructure underpinnings have often been cited as a major factor contributing to this success, and an important competitive advantage over...
Persistent link: https://www.econbiz.de/10003855444
This study analyzes the determinants of stress in public-private partnerships (PPPs) in infrastructure investment. While project failures seldom occur, there are many stresses that hinder success. One of these is broad political risk: the prerogative of government executives to make sweeping...
Persistent link: https://www.econbiz.de/10003855481
Introducing a price on greenhouse gas emissions would not only contribute to reducing the risk of dangerous anthropogenic climate change, but would also generate substantial public revenues. Some of these revenues could be used to cover investment needs for infrastructure providing access to...
Persistent link: https://www.econbiz.de/10011391828