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Today more than half of the 7 billion inhabitants of the planet live in urban areas, with this share expected to keep rising. Whereas in developed countries urbanisation has been a long and slow process, in developing countries this process is now characterised by a really fast pace and a high...
Persistent link: https://www.econbiz.de/10011490043
In the last 10 years, Indonesia has set its infrastructure development to support the economy. Infrastructure, as the vital part of development, contributes to economic performance proxied by technical efficiency. This research aims to examine the role of infrastructure (water, electricity, and...
Persistent link: https://www.econbiz.de/10012911988
This paper studies the differences between private and government provision of infrastructure. Capital utilization decisions and their differential role in determining market prices for capital goods under the two regimes of infrastructure provision serve as a critical transmission mechanism for...
Persistent link: https://www.econbiz.de/10012714539
This paper develops a structural model of infrastructure and output growth that specifies the ways in which country characteristics and policies enter the infrastructure-GDP interactions and lead to heterogeneity of steady states and convergence rates across countries and over time. We show that...
Persistent link: https://www.econbiz.de/10014176980
This paper applies two distinct approaches - growth regressions and growth accounting - to analyze the link between infrastructure, growth, and productivity in developing Asian countries. The main conclusion is that a number of countries in developing Asia have significantly improved their basic...
Persistent link: https://www.econbiz.de/10014180950
Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. This paper, utilizing panel data for South African manufacturing over the 1970–2000 period, and a range of 19...
Persistent link: https://www.econbiz.de/10014183705
This paper develops a structural model of infrastructure and output growth that specifies the ways in which country characteristics and policies enter the infrastructure-GDP interactions and lead to heterogeneity of steady states and convergence rates across countries and over time. We show that...
Persistent link: https://www.econbiz.de/10014116895
Persistent link: https://www.econbiz.de/10010249933
Persistent link: https://www.econbiz.de/10012801827
This paper offers a Spatial Computable General Equilibrium Model (SCGE) to evaluate the potential regional economic impacts of the Central Asia Regional Economic Cooperation Program (CAREC) corridors and the Trans-Caspian International Transport Route (TITR). We base our model on spatial...
Persistent link: https://www.econbiz.de/10012584788