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) should be valued from data. Reinterpreting the estimated effects of public infrastructure on prices and wages in Haughwout … (2002), we find infrastructure over twice as valuable with our more general model. New estimates based on more years, cities …, and data-sets indicate stronger wage and positive population effects of infrastructure. These imply higher values of …
Persistent link: https://www.econbiz.de/10011657575
, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and … developing economies. Controlling for economic characteristics, we find that overall private participation of infrastructure … infrastructure. Our results do not vary when controlling for income inequality and across quartiles of experience, country wealth …
Persistent link: https://www.econbiz.de/10012454088
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
Persistent link: https://www.econbiz.de/10011916670
) evolutionary approach of industrial processes and changes that are embedded in the systems of innovation approach. The aim of this …
Persistent link: https://www.econbiz.de/10011491965
future H2 infrastructure will be needed. The paper aims to assess three H2 infrastructures for Germany within a European …. Own socio-technical scenarios are used to include findings from four disciplines for a holistic infrastructure evaluation …
Persistent link: https://www.econbiz.de/10013413233
Evolutionary and environmental economics have a potentially close relationship. This paper reviews past and identifies potential applications of evolutionary concepts and methods to environmental economics. This covers a number of themes: resource use and ecosystem management; growth and...
Persistent link: https://www.econbiz.de/10011350354
regulatory issue of spurring the innovation dynamics of financial markets while ensuring systemic stability and sustainability …
Persistent link: https://www.econbiz.de/10013502255
's conceptualizations of social rules and norms, in particular when it comes to evolutionary processes and innovation dynamics. …
Persistent link: https://www.econbiz.de/10014230890
Persistent link: https://www.econbiz.de/10011962021