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The relation between infrastructure and economic growth has been largely investigated in the literature, but the … empirical evidence found has proven to be controversial. This paper aims to empirically analyze the impact of infrastructure … stocks on economic growth. In spite of there being theoretical justification for taking infrastructure into account in …
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, safeguard land for utilities and physical infrastructure decades ahead, deliberately configures transport networks (including … planning and implementation have overly focused on housing and neglected other types of physical infrastructure. Moreover, the …
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This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …
Persistent link: https://www.econbiz.de/10010434094
Well-developed infrastructure systems and services are vital means of enhancing the connectivity of Asia …-Pacific Economic Cooperation (APEC) member economies. In essence, efforts by APEC to enhance connectivity through infrastructure should … cooperation on its own. To contribute to APEC efforts and at the same time help meet the infrastructure development needs of the …
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Infrastructure plays a key role in facilitating trade, especially since recent trade liberalization in Asia has … resulted in significant tariff reductions. This study quantifies the impacts of both hard and soft infrastructure on trade … improvements in transport infrastructure (i.e., the road density network, air transport, railways, ports, and logistics) have …
Persistent link: https://www.econbiz.de/10011407564