This paper develops a structural model of infrastructure and output growth that specifies the ways in which country … characteristics and policies enter the infrastructure-GDP interactions and lead to heterogeneity of steady states and convergence …-country estimates of the model indicate that the contribution of infrastructure services to GDP is substantial and in general exceeds …

, 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 …

supply of social infrastructure. If successfully pursued, PPP can deliver benefits to users, governments, and the private … renegotiation of PPPs. PPPs are not a must-have solution but an option for building and upgrading infrastructure. In conclusion … promoting the PPP modality for infrastructure. …

Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by … manufacturing over the 1970–2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure … the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only …

The author provides a preliminary benchmarking of infrastructure performance in Lesotho in four major sectors … of comparator countries using a new World Bank international data base with objective and perception-based indicators of … infrastructure performance from over 200 countries. The results of the benchmarking are revealing of several major, comparative …

The Asian region has experienced substantial growth over the past several decades. Indeed, a quarter of all world … exports now come from East Asia. Strong infrastructure underpinnings have often been cited as a major factor contributing to …. Overall quantity and quality of infrastructure services remain uneven both across, and within, countries in the Asian region …

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 …