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infrastructure investment is imperative for long-term prosperity. An investment volume of EUR 7.7 billion as envisaged in the 'Berlin … should focus on fiscal devaluation and NPL resolution to foster cost competitiveness and private investment. A 'Big Push' in …
Persistent link: https://www.econbiz.de/10012153393
construction stage for the infrastructure to operationalise. This entails that, after an investment is made to begin building the … infrastructure, its construction is completed at a cost, which increases with the investment at an increasing rate, and is higher if … investment. Once the infrastructure is in place, the firm manages it, taking advantage of the (usual) synergy between …
Persistent link: https://www.econbiz.de/10012119945
Ageing populations require larger healthcare facilities, in spite of growing public budget constraints, inducing to wonder whether we can afford what we increasingly need, accompanying sustainable and careful demography.New healthcare infrastructural investments, compliant with Eurostat rules,...
Persistent link: https://www.econbiz.de/10013096433
Despite recent successes in stabilization and structural reforms in many developing countries, the private investment … continued poor provision of public capital and services. We test this hypothesis using unique firm-level data on investment and … provision of public infrastructure services. The results suggest that poor complementary public capital significantly reduces …
Persistent link: https://www.econbiz.de/10014087748
In the past forty years infrastructure provision and operation in advanced nations have been transformed from a sector …-state organisational structures. The chapter shows how these changes not only affect the ways infrastructure steers economic relations … historical taxonomy of infrastructure and the idea of infrastructure as a public good. One the other – when we look to geography …
Persistent link: https://www.econbiz.de/10012996038
state is gradually withdrawing from provisioning of public utilities & infrastructure leading to a shortage of such services …. Availability of such services also affects volume of investment in various regions leading to lopsided investment scenario. This …
Persistent link: https://www.econbiz.de/10014049680
Infrastructure as a new asset class is said to have several distinct and attractive investment characteristics. This … historical performance of infrastructure funds is undertaken. There is no proper financial theory to back the proposition of … infrastructure as a separate asset class. Infrastructure assets are very heterogeneous, and empirical evidence suggests an …
Persistent link: https://www.econbiz.de/10013092830
investment in an international infrastructure capital, the stock of which accumulates over time. Depending on the trade costs and … consideration, the governments carry out a dynamic game of public investment. We show that the dynamic equilibrium of the policy … game may exhibit history dependency; if the initial stock of international infrastructure is smaller (larger) than a …
Persistent link: https://www.econbiz.de/10013314918
covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income …Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions … distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between …
Persistent link: https://www.econbiz.de/10013085619
Persistent link: https://www.econbiz.de/10011745174