India, seeking to reduce electricity shortages, set up a new power market, in which transmission constraints sharply …

and informal sector manufacturing firms in India, Indonesia, and Mexico, we document three facts. First, while there are a … from expanding. Third, we examine regulatory and tax notches in India, Indonesia, and Mexico of the sort often thought to …

We investigate the characteristics of infrastructure as an asset class from an investment perspective of a limited … partner. While non U.S. institutional investors gain exposure to infrastructure assets through a mix of direct investments and … private fund vehicles, U.S. investors predominantly invest in infrastructure through private funds. We find that the stream of …

disasters can exert severe budgetary pressure on local governments’ ability to provide critical infrastructure, goods, and …

the notion that benefits from infrastructure investments accrue in particular to peripheral regions, which gain access to …

defined. A variant of endogenous growth theory focuses on investments in public infrastructure as a key determinant of …

While much economic policy presumes that more information infrastructure yields higher economic returns, little … optic cable, ISDN lines and signal seven software, infrastructure which plays an essential role in bringing digital … technology to local telephone networks. We estimate the elasticity of the derived demand for infrastructure investment faced by …

Is public sector infrastructure a key determinant of productivity? Traditional, project-based analyses of benefits and … costs typically do not find large rates of return. Proponents of infrastructure spending instead point to regression …-based analyses of the links between private productivity and public infrastructure that imply large productivity effects from public …

This paper summarizes economic research on investment in public infrastructure and introduces the findings of several … in building, financing, and operating infrastructure, including limitations of private capital markets, externalities …, and the control of natural monopolies. It then describes the conditions that characterize an optimal infrastructure …