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 …-country estimates of the model indicate that the contribution of infrastructure services to GDP is substantial and in general exceeds …

supply of social infrastructure. If successfully pursued, PPP can deliver benefits to users, governments, and the private … renegotiation of PPPs. PPPs are not a must-have solution but an option for building and upgrading infrastructure. In conclusion … promoting the PPP modality for infrastructure. …

Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by … manufacturing over the 1970–2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure … the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only …

The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined … infrastructure investment, which then drives economic growth via various channels including reducing transaction costs and raising … productivity. Another mechanism emphasized in this paper is that infrastructure investment can promote urbanization through …

This paper examines the relationship between infrastructure investment activity, capital market development, the role … evidence over recent decades. Infrastructure is shown to be an important asset class playing a central role in a nation …’s output, growth, productivity and microeconomic performance. Infrastructure investment also requires investment and …

empirically). We analyse several measures of urban infrastructure and look at different world regions, taking a special focus on … urban environment - in particular the quality of urban infrastructure - strongly determine the growth-enhancing benefits of … to significant deficiencies in terms of urban infrastructure. …

manufacturing. Finally, we find evidence consistent with the hypothesis that national infrastructure (i.e., transport …-related infrastructure and rail lines) can alleviate the lagging behind of landlocked regions. …