This paper investigates the effects of oil financed public investment on poverty using a dynamic multisectoral general equilibrium model featuring inter-temporal productivity spillovers, which may exhibit a sector-specific and regional bias. In general, the results bear out the expectation that...

Global markets for goods and services have opened for countries that have made substantial investments in technological innovations in transportation, communications and production techniques, inventory management and the rapid rate of innovation in financial instruments, among others. This...

Urbanization and rapid increase in population in Metro Cebu brought about increased demand for basic services and infrastructure. The creation of the Metro Cebu Development Council comprising of the four (4) cities and six (6) municipalities in the eastern part of the Cebu Province, as an...

A look into projects under the Philippine program of public-private sector partnerships during the period 1999-2003 showed that participation of the private sector has been declining. This paper postulates that some of the reasons for dwindling investor appetite are related to contract design...

This note sheds new light on the dynamic properties of maintenance and repair and examines the behavior of an additional form of capital spending - that of improvements. The analysis examines a unique long-run data set on Swiss road spending.

Hohe Staatsverschuldung liefert nur einen Teil der Erklärung für den seit vier Jahrzehnten anhaltenden Rückgang von Investitionen in Infrastruktur. - Öffentliche Investitionen, etwa in die Infrastruktur, gehen seit vier Jahrzehnten zurück. Eine neue RWI-Studie zeigt für 13 OECD-Länder...