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The "highway effect" on public finance : case of the STAR highway in the Philippines

Yoshino, Naoyuki; Pontines, Victor - 2015

In this study, we examine the impact of the STAR highway located in Batangas province, Philippines, on the public finance of the cities and municipalities through which it directly passes. Specifically, we exploit a unique, disaggregated dataset on tax (property and business taxes) as well as...

Persistent link: https://www.econbiz.de/10011391666

Improving infrastructure in the United Kingdom

Pisu, Mauro; Pels, Barbara; Bottini, Novella - 2015

The United Kingdom (UK) has spent less on infrastructure compared to other OECD countries over the past three decades. The perceived quality of UK infrastructure assets is close to the OECD average but lower than in other G7 countries. Capacity constraints have emerged in some sectors, such as...

Persistent link: https://www.econbiz.de/10011399563

Public capital in the private sector of Italian economy

Roxas, Salvatore Amico; Cristofaro, Antonio; Piroli, … - 2012

This paper investigates how the services of public capital affect the different sectors of private economy in Italy. For this purpose, we use a trans-logarithmic cost function which includes infrastructure’s services as a quasi-fixed free input. This approach allows to measure the effects of...

Persistent link: https://www.econbiz.de/10011526847

Institutional and political determinants of private participation in infrastructure : prepared for the Roundtable: Public Private Partnerships for Transport Infrastructure: Renegot...

Moszoro, Marian; Araya, Gonzalo; Ruiz-Nuñez, Fernanda; … - 2014 - Rev. October 2014

We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...

Persistent link: https://www.econbiz.de/10010478609

Thailand's economic integration with neighboring countries and possible connectivity with South Asia

Suthiphand Chirathivat; Kornkarun Cheewatrakoolpong - 2015

increases in outward foreign direct investment (FDI), together with a change of regional policies in Southeast Asia. As a result … within an ongoing Association of Southeast Asian Nations (ASEAN) framework. Extending connectivity to South Asia could also … there are projects planned in these areas that could impact Thailand and its links to Southeast Asia and beyond to South …

Persistent link: https://www.econbiz.de/10010502812

Infrastructure Finance in Europe : Composition, Evolution and Crisis Impact

Wagenvoort, Rien - 2011

This article is the first attempt to compile comprehensive data on infrastructure finance in Europe. We decompose infrastructure finance by institutional sector (i.e. public versus private) into its main components, which consist of traditional public procurement, project finance and finance by...

Persistent link: https://www.econbiz.de/10013125758

Public-Private Cooperation for Infrastructure Development

Cappiello, Giuseppe - 2014

Relying both on TC and RBV, we argue that cooperation with public actors allows firms to access the key resources for designing and locating infrastructure facilities and, at the same time, to mitigate information costs and the risks of opportunistic behaviour. Our model has been tested through...

Persistent link: https://www.econbiz.de/10013065820

Public-Private Articulation in the Financing of Road Infrastructure in Uruguay

Pereyra, Andrés - 2009

This paper presents a case of public - private partnership in road provision in Uruguay. It is a concession where the concessionaire is publicly owned with a contract known as “present value of expenditure”. This scheme is a good solution in a country where people reject private ownership of...

Persistent link: https://www.econbiz.de/10013152925

Private Financing of Infrastructures in Nepal : A Critical Legal Review

Kharel, Amrit - 2020

Infrastructure deficit has been a long standing bottleneck for attaining sustainable and much higher economic growth to align Nepal among the advanced countries. Nepal has a challenge of making huge investment in infrastructure to increase the annual economic growth for graduation to the status...

Persistent link: https://www.econbiz.de/10012841118

Public-Private Partnerships : A Public Economics Perspective

Sadka, Efraim - 2006

world. It may be quite plausible that such arrangements were initially an attempt to evade expenditure controls and hide …

Persistent link: https://www.econbiz.de/10012780170