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This paper provides an empirical evaluation of the impact of infrastructure development on economic growth and income …. The two robust results are: (i) growth is positively affected by the stock of infrastructure assets, and (ii) income … do capture the causal impact of the exogenous component of infrastructure quantity and quality on growth and inequality …
Persistent link: https://www.econbiz.de/10005063389
This paper provides an empirical evaluation of the impact of infrastructure development on economic growth and income …. The two robust results are: (i) growth is positively affected by the stock of infrastructure assets, and (ii) income … do capture the causal impact of the exogenous component of infrastructure quantity and quality on growth and inequality …
Persistent link: https://www.econbiz.de/10010735028
Calderon and Serven provide an empirical evaluation of the impact of infrastructure development on economic growth and … disaggregated and synthetic measures of infrastructure quantity and quality. The two robust results are: (1) growth is positively … of infrastructure quantity and quality on growth and inequality. These two results combined suggest that infrastructure …
Persistent link: https://www.econbiz.de/10012749062
be a promoter for growth. This paper benchmarks Mexico’s infrastructure quantity stocks and identifies Mexico …) from an international perspective, (2) estimating infrastructure’s effect on growth with the generalized method of moments … evidence of a positive effect of infrastructure on growth. Overall, Mexican infrastructure quantity is behind most regional …
Persistent link: https://www.econbiz.de/10011770385
Using panel data, this paper tests whether foreign, public, and private capital have a positive and significant effect on aggregate output and labor productivity for Mexico during the 1960-2001 period. The richer information set made possible by the sectorial data enables this study to utilize...
Persistent link: https://www.econbiz.de/10014218000
Latin American countries exhibit a significant gap in infrastructure stocks, due to low and in many cases inefficient … and total infrastructure investment in six large Latin American economies, in the light of fiscal developments since the … close these infrastructure gaps. These points are illustrated in a detailed account of recent developments in the fiscal …
Persistent link: https://www.econbiz.de/10009131539
This paper revisits economic growth in Colombia using a growth diagnostics methodology to identify the most binding … constraints for economic growth and the policies that, if implemented, can have the largest positive impact. The data shows … for economic growth, independent of whether uncertainties from poor protection to property rights are resolved. …
Persistent link: https://www.econbiz.de/10010652833
This paper examines the relationship between infrastructure development and income inequality in urban People …. Infrastructure investment plays a key role in achieving both goals, yet the effects of different infrastructures on income … disparities at the city level remain undetermined. Using 10 city-level infrastructure indicators relating to sustainable urban …
Persistent link: https://www.econbiz.de/10011635237
expenditures in education, health, and infrastructure on economic growth, poverty, and income distribution in the past 20 years …The Peruvian economy has exhibited remarkable growth in the past 20 years. Good tax and monetary policies, along with …
Persistent link: https://www.econbiz.de/10011285046
In this study we argue for a 'Big Push' in infrastructure investments in greater Europe. We propose the building of a … of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium …%. According to a conservative estimate, the European Silk Road could lead to an economic growth of 3.5% on average and an increase …
Persistent link: https://www.econbiz.de/10012100166