Showing 1 - 10 of 104,067
order to reduce poverty and promote employment through commodity-based industrialization. How does infrastructure … state of infrastructure development in Africa stimulates structural change, understood as the development of the … manufacturing sector. After outlining the state of infrastructure quality in the region, and discussing some theoretical channels …
Persistent link: https://www.econbiz.de/10012544763
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
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
This research study aimed to assesses the impact of infrastructure based on the evaluation of infrastructure provision … infrastructure financing in Georgia and outlines the importance of greater involvement of the private sector in infrastructure … for infrastructure projects by increasing the rate of return for private investors. …
Persistent link: https://www.econbiz.de/10012253863
The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined … infrastructure investment, which then drives economic growth via various channels including reducing transaction costs and raising … productivity. Another mechanism emphasized in this paper is that infrastructure investment can promote urbanization through …
Persistent link: https://www.econbiz.de/10011585947
This paper examines the relationship between infrastructure development and income inequality in urban People …. Infrastructure investment plays a key role in achieving both goals, yet the effects of different infrastructures on income … disparities at the city level remain undetermined. Using 10 city-level infrastructure indicators relating to sustainable urban …
Persistent link: https://www.econbiz.de/10011635237
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