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This paper suggests that human capital externalities are important in determining whether goods and services should be privately or publicly provided. We study situations where that the cost incurred by an individual provider for providing quality is affected by the human capital of her...
Persistent link: https://www.econbiz.de/10005124298
same firm when a better design of the infrastructure helps also to save on operating costs (positive externality … environments where the quality of the infrastructure may be hard to describe in advance, we isolate conditions under which either …
Persistent link: https://www.econbiz.de/10005136716
and policy environment. We hypothesise that more developed transportation and communication infrastructure and lower … dispersion varies positively with the regional density of highway, railroad and telephone infrastructure, but negatively with …
Persistent link: https://www.econbiz.de/10005504465
public deficit, while in the second they are used in cost-reducing public investment in infrastructure. In the latter case …
Persistent link: https://www.econbiz.de/10005497891
This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...
Persistent link: https://www.econbiz.de/10011262884
consistent with factor mobility playing an important role in determining the economic benefits of infrastructure development. …
Persistent link: https://www.econbiz.de/10011083596
difference is largely explained by the persistent effect of infrastructure built by Prussians at the time of industrialization …
Persistent link: https://www.econbiz.de/10011083639
in terms of high investment in physical infrastructure and human capital compensated for the costs in allocative …, from infrastructure and human capital than they suffered from weak market incentives. For initially relatively rich … countries the opposite is true. Second, using various measures of physical stocks of infrastructure and human capital we show …
Persistent link: https://www.econbiz.de/10011083892
Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European … controversial. This paper revisits the question of to what extent transport infrastructure endowment -- proxied by regional … motorways -- has contributed to regional growth in the EU between 1990 and 2004. It analyses infrastructure in relationship to …
Persistent link: https://www.econbiz.de/10011084543
reconcile the existing findings. Some evidence points to positive benefits of infrastructure expenditure, and also investment in …
Persistent link: https://www.econbiz.de/10011084586