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investment in an international infrastructure capital, the stock of which accumulates over time. Depending on the trade costs and … game may exhibit history dependency; if the initial stock of international infrastructure is smaller (larger) than a … certain level, the infrastructure stock decreases (increases) over time, and the world economy will end up in autarky (two …
Persistent link: https://www.econbiz.de/10012316937
productivity. Another mechanism emphasized in this paper is that infrastructure investment can promote urbanization through … infrastructure investment and the productivity of the economy. On the other hand, evidence in the PRC suggests a cross …The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined …
Persistent link: https://www.econbiz.de/10012965580
effects of water supply infrastructure, including spillover effects or externalities, the impacts are significant. One of the … spillover effects of the development of water supply infrastructure could be the development of the region by inviting new … effects of water supply infrastructure developments. Our model shows how the incremental tax revenues that were previously …
Persistent link: https://www.econbiz.de/10014251116
I provide evidence of the severe social costs imposed by infrastructure projects that are being implemented (i …. Failing to take the implementation phase into account could severely bias the welfare evaluation of infrastructure. …
Persistent link: https://www.econbiz.de/10013331137
Using unique data from a systematic roll-out of broadband infrastructure in rural areas, we provide evidence on the …
Persistent link: https://www.econbiz.de/10014355080
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/10013029875
Most studies of the effects of transport infrastructure on the performance of individual firms have focused on marginal … the quality of transport infrastructure, viz. the opening of the Great Belt bridge connecting the Copenhagen area with a … neighbouring island and the mainland of Denmark. We analyse the effect of the opening of the bridge on the productivity of firms …
Persistent link: https://www.econbiz.de/10012098258
This paper examines the impact of highway expansion on aggregate productivity growth andsectoral reallocation between … indirect impact of trade costs on city productivity. I then construct an instrumentalvariable to examine the causal impact of … highways on economic outcomes and the underlyingchannels. The results suggest that highways promoted aggregate productivity …
Persistent link: https://www.econbiz.de/10012895102
through which highway infrastructure facilitated aggregate productivity growth and sectoral reallocation across space. I find …This paper examines the effects of economic integration resulting from highway construction on aggregate productivity … that highway infrastructure in China promoted aggregate TFP growth through the entry of new firms and the reallocation …
Persistent link: https://www.econbiz.de/10014124353
The paper analyzes the contribution of public capital to private output using several meta-analytical techniques. Both fixed and random effects models are estimated by Weighted Least Squares. Sample overlap across studies is explicitly controlled for by employing a full' Generalized Least...
Persistent link: https://www.econbiz.de/10010275668