Showing 1 - 10 of 5,732
The relation between infrastructure and economic growth has been largely investigated in the literature, but the … empirical evidence found has proven to be controversial. This paper aims to empirically analyze the impact of infrastructure … stocks on economic growth. In spite of there being theoretical justification for taking infrastructure into account in …
Persistent link: https://www.econbiz.de/10011503515
capital, and infrastructure capital... …
Persistent link: https://www.econbiz.de/10005859544
In this paper we add to the debate on the public capital - productivity link by exploiting very recent developments in the panel time series literature that take into account cross sectional correlation in non-stationary panels. In particular we evaluate the productive effect of public capital...
Persistent link: https://www.econbiz.de/10010343855
This article investigates the role played by public capital in increasing the productivity levels in Italy. For construction of the regional series for the public capital stock over the period 1996 to 2003, the study benefits from the use of the rich dataset on public expenditure, recently...
Persistent link: https://www.econbiz.de/10013131537
We estimate the effect of broadband infrastructure, which enables high-speed internet, on economic growth in the panel …
Persistent link: https://www.econbiz.de/10013116573
This paper presents new evidence on the impact of public infrastructure on the Australian economy. The contribution of …. Second, it employs a new data set on public infrastructure. Third, the paper applies detailed econometric investigations in … infrastructure spillovers to productivity and, consequently, results in incredibly high estimates of infrastructure elasticity …
Persistent link: https://www.econbiz.de/10013054535
to a transition toward stage 2 (efficiency-driven), which includes Brunei and the Philippines. The country has lagged … behind Indonesia and Thailand (in stage 2), Malaysia (in transition to stage 3) and Singapore (in stage 3, innovation … business environment, low R&D expenditure, low-quality higher education and under-developed infrastructure. The research also …
Persistent link: https://www.econbiz.de/10012918694
compensatory effects of improving productivity in infrastructure-related sectors. We employ the KLEMS annual dataset for a group of … shocks in the sectors most affected by COVID 19, we find that large productivity improvements in infrastructure - equivalent …
Persistent link: https://www.econbiz.de/10012599737
infrastructure-led growth. Based on causal analysis, we show large positive effects on growth for countries with strong institutional … particular measure of infrastructure or of institutional quality. Our results could explain the presence of nonlinearities when … estimating infrastructure-led growth and, at the same time, emphasize the importance of complementarities influencing such an …
Persistent link: https://www.econbiz.de/10013248923
This paper quantifies the contribution of public capital to productivity growth in the Canadian business sector. The approach developed here incorporates demand and supply forces, including the contribution of public capital, which may affect productivity performance. We estimate the model using...
Persistent link: https://www.econbiz.de/10012718012