Showing 11 - 20 of 757,468
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …
Persistent link: https://www.econbiz.de/10012801569
local innovation due to an increased entry, productivity, and specialization of independent inventors. As the railroad …
Persistent link: https://www.econbiz.de/10012167459
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 for trade by means of meta-analysis and meta-regression techniques …
Persistent link: https://www.econbiz.de/10011303781
Can infrastructure investment win "hearts and minds"? We analyze a famous case in the early stages of dictatorship …
Persistent link: https://www.econbiz.de/10010360304
This paper reviews the book “Infrastructure and Poverty in Sub-Saharan Africa” by Antonio Estache and Quentin Wodon …. The authors summarize the political debate on infrastructure policy in Africa in a very compelling and knowledgeable way … welfare enhancing benefits of infrastructure investments is less conclusive than suggested in the book. The book also misses …
Persistent link: https://www.econbiz.de/10011518006
Development economists have considered physical infrastructure to be a precondition for industrialization and economic … effectiveness of infrastructure in reducing poverty is important, experimental evaluation, such as randomized control trials (RCT …)-based evaluation, is difficult in the context of large-scale infrastructure. Second, while micro studies so far have focused on the …
Persistent link: https://www.econbiz.de/10010465408
There is renewed interest in a significant economic stimulus package to build and improve public works infrastructure … infrastructure provision and putting unemployed individuals back to work is likely to result in a double disappointment: while some … hired directly from the unemployment lines.Infrastructure spending should be evaluated mostly on the merits and value of the …
Persistent link: https://www.econbiz.de/10012838720
This paper provides methodologies for evaluating consumer benefits of infrastructure services using potentially … the economic benefits when prices are allowed to change endogenously as the provision of infrastructure services changes …
Persistent link: https://www.econbiz.de/10013056511
achieve the economic prosperity of peoples/society, various studies reveals that infrastructure is necessary for industrial … development. It is also necessary to make plan for effort required for industrial infrastructure development in the state of …
Persistent link: https://www.econbiz.de/10012984740
We develop a model in which public capital is both an engine of growth and a determinant of the distributions of wealth, income, and welfare. Government investment increases wealth inequality over time, regardless of its financing. The time path of income inequality is, however, highly sensitive...
Persistent link: https://www.econbiz.de/10012711211