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; increase infrastructure investment to create a “seamless Asia”; enhance productivity in the services sector; establish a region …
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We construct a two-sector (agriculture and modern) overlapping generations growth model calibrated to India to study the effects of sectoral tax rates, sectoral infrastructure investments, and labor market frictions on potential growth in India. Our model is motivated by the idea that because...
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Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by …
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Theory and evidence on the effects of public investment on growth and productivity are reviewed. It is concluded that … the contribution of transport infrastructure to productivity and considers implications for cost-benefit analysis. It is …
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individuals’ welfare and productivity growth. Strengthening health infrastructures, supporting maintenance investment, and …
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