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The paper analyses the infrastructure provision in East Germany mainly by an examination of existing literature. At the time of German unification 1990, infrastructure in East Germany was in a very bad condition. After more than ten years of rebuilding, most of the remaining need for...
Persistent link: https://www.econbiz.de/10005755143
Given the limited availability of data in South Korea, this study proposes a method by which to estimate regional capital stock by modifying the benchmark year method (BYM) and applies it to estimate regional net capital stock by sector in transport infrastructure. First, it estimates...
Persistent link: https://www.econbiz.de/10012914909
This paper contributes to the empirical literature on the magnitude of the network effects of public infrastructures, introducing a novel approach. After estimating the dynamics common to time series for the regional public capital stock, coordinated policy shocks are identified within a...
Persistent link: https://www.econbiz.de/10013100062
Persistent link: https://www.econbiz.de/10013261127
Low levels of infrastructure quality and quantity can create trade impediments through increased transport costs. Since the late 1990s an increasing number of trade studies have taken infrastructure into account. The purpose of the present paper is to quantify the importance of infrastructure...
Persistent link: https://www.econbiz.de/10011303781
In this paper, we analyze the effect of transport infrastructure investments in railways. As a testing ground, we use data from a new historical database that includes annual panel data on approximately 2,400 Swedish rural geographical areas during the period 1860-1917. We use a staggered event...
Persistent link: https://www.econbiz.de/10012625818
This research study aimed to assesses the impact of infrastructure based on the evaluation of infrastructure provision's effect on public finance, presenting the case of Kutaisi International Airport in Georgia. In the case, we assessed the impact of the airport on the public finances of the...
Persistent link: https://www.econbiz.de/10012253863
This study introduces a new method called Spatial Econometric Computable General Equilibrium (SECGE) model, which integrates both spatial econometrics with computable general equilibrium modeling to improve the effectiveness of impact analysis on transportation infrastructure. Elasticities of...
Persistent link: https://www.econbiz.de/10013064238
Persistent link: https://www.econbiz.de/10011581560
Can industrial policy be effective when dealing with a revolutionary new technology? Mark Casson's recent book, "The World's First Railway System," offers the intriguing claim that a slight dose of central planning by the British government in the 1840s would have produced a dramatically more...
Persistent link: https://www.econbiz.de/10013006182