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Recent studies have found that resource-rich low-income countries are better off investing their resource revenues domestically rather than saving them abroad in a sovereign wealth fund (SWF). This paper finds an optimal rule-based policy of accumulating public capital and its associated public...
Persistent link: https://www.econbiz.de/10014533530
This paper questions the determinants of infrastructure privatization in Djibouti and seeks to explain why this policy …
Persistent link: https://www.econbiz.de/10010695970
The provision of infrastructure and related services in developing Asia via publi-private partnership (PPP) increased …. Empirical results suggest that increasing the ratio of PPP investment to GDP improves access to and quality of infrastructure … services, and economic growth will potentially be higher. But this optimism is conditional, especially on the region's efforts …
Persistent link: https://www.econbiz.de/10012064713
India and the People's Republic of China (PRC), within the growth framework from1990 to 2019 by using panel 2SLS and the …This paper aims to identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely … NARDL technique. The results show that internet and mobile density (a proxy for telecommunication infrastructure …
Persistent link: https://www.econbiz.de/10012610138
the rich dataset on public expenditure, recently published by the Italian Ministry of Economy. We have estimated panel …
Persistent link: https://www.econbiz.de/10013131537
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
This paper quantifies the contribution of public capital to productivity growth in the Canadian business sector. The … for the period 1961-2000. The results indicate that the main contributors to productivity growth, both at the industry and … aggregate levels are technical change and exogenous demand (representing the effect of aggregate income and population growth …
Persistent link: https://www.econbiz.de/10012718012
This paper focuses on the question whether public infrastructure capital matters for labor productivity in China, both … over time and across regions. It finds that public infrastructure is a significant determinant of variations in labor … productivity across provinces, but the contribution of public capital to labor productivity growth over time is likely non …
Persistent link: https://www.econbiz.de/10013319500
India and the People's Republic of China (PRC), within the growth framework from1990 to 2019 by using panel 2SLS and the …This paper aims to identify the role of digitalization and infrastructure in two fast-growing Asian economies, namely … NARDL technique. The results show that internet and mobile density (a proxy for telecommunication infrastructure …
Persistent link: https://www.econbiz.de/10012500546
The provision of infrastructure and related services in developing Asia via publi-private partnership (PPP) increased …. Empirical results suggest that increasing the ratio of PPP investment to GDP improves access to and quality of infrastructure … services, and economic growth will potentially be higher. But this optimism is conditional, especially on the region's efforts …
Persistent link: https://www.econbiz.de/10011896056