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Public infrastructure investments are seen as one of the key engines of economic growth in China. Yet, there is little … quantitative evidence on the growth and distributive effects of public infrastructure investments (PII) in China. This paper … poverty and modestly improves equality. The results not only suggest that increasing PII can drive economic growth in China …
Persistent link: https://www.econbiz.de/10012920734
Public infrastructure investments are seen as one of the key engines of economic growth in China. Yet, there is little … quantitative evidence on the growth and distributive effects of public infrastructure investments (PII) in China. This paper … poverty and modestly improves equality. The results not only suggest that increasing PII can drive economic growth in China …
Persistent link: https://www.econbiz.de/10010705770
Calderon and Serven provide an empirical evaluation of the impact of infrastructure development on economic growth and income distribution using a large panel data set encompassing over 100 countries and spanning the years 1960-2000. The empirical strategy involves the estimation of simple...
Persistent link: https://www.econbiz.de/10012749062
Hertel and Zhai evaluate the impact of two key factor market distortions in China on rural-urban inequality and income … WTO accession, rather than increasing inequality in China, the combined impact of product and factor market reforms …
Persistent link: https://www.econbiz.de/10012749013
This study aims to analyze the economic impacts of infrastructure investment in Africa, focusing on the Guinea-Bissau economy. Through a dynamic CGE model, we find that the natural resource revenues (or aid)-funded infrastructure investments generate externalities that increase factor returns....
Persistent link: https://www.econbiz.de/10013415486
This paper provides a critical review of the literature on the macroeconomic effects of public infrastructure investment associated with the main underlying transmission channels. Typically, this type of stimulus fosters economic activity in the medium-to-long run because the public capital...
Persistent link: https://www.econbiz.de/10013226670
In recent decades, Zimbabwe's development record has been disappointing. In the last few years, a severe drought and the Covid-19 pandemic have added to the country's development challenges. This paper is concerned with the long-run need to find a path toward faster growth in GDP, employment,...
Persistent link: https://www.econbiz.de/10014327931
In recent decades, Zimbabwe’s development record has been disappointing. In the last few years, a severe drought and the Covid-19 pandemic have added to the country’s development challenges. This paper is concerned with the long-run need to find a path toward faster growth in GDP,...
Persistent link: https://www.econbiz.de/10013179460
's Republic of China. Recent policies target reductions in income inequality while increasing sustainable urban development … development and city income inequality measures, calculated using the China Household Income Project (CHIP) Surveys, this study …
Persistent link: https://www.econbiz.de/10011635237
We develop a Financial Computable General Equilibrium Model (FCGE) model that can analyse the economic impacts of the infrastructure investment projects and their financing options on growth and distribution in Indonesia economy. It is possible to estimate growth and distributional effects of...
Persistent link: https://www.econbiz.de/10011481783