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Persistent link: https://www.econbiz.de/10012311142
The aim of this study is to investigate the long-run equilibrium relationship between economic growth, capital, labor, and government expenditure on education between the years of 1970 and 2012 for the case of France. Johansen co-integration test results suggest the existence of the long-run...
Persistent link: https://www.econbiz.de/10012233722
The road safety literature is typified by a high degree of compartmentalization between studies that focus on infrastructure and traffic conditions and those devoted to the evaluation of public policies and regulations. As a result, few studies adopt a unified empirical framework in their...
Persistent link: https://www.econbiz.de/10011616550
This paper analysis the welfare changes arising from a road project, undertaken as a public-private partnership, measured as the variation in utility, using a sequentially dynamic general equilibrium model. To circumvent the budget restriction imposed by the central government, the Azorean...
Persistent link: https://www.econbiz.de/10011675754
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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...
Persistent link: https://www.econbiz.de/10011503515
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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
This paper estimates the non-linear impact of ICT network on motorway contribution to total factor productivity. Using dynamic panel data of OECD member countries, the paper finds that there exists a critical mass of broadband penetration rate which has the property that if this threshold level...
Persistent link: https://www.econbiz.de/10011603834
Road improvements lead to benefits in the form of e.g. reduced travelling time, improved traffic safety and reduced emissions. These improvements do not only benefit the actual road users, but they are also "spreading" into the local community or neighbouring communities through several types of...
Persistent link: https://www.econbiz.de/10011560151