data from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial sector …This paper uses the construction of India's Golden Quadrangle central highway network, together with comprehensive loan … with stronger initial financial development, suggesting that although financing responds to large infrastructure …

Infrastructure is viewed as a crucial ingredient to foster growth and productivity. Amid the post -- global financial … adequate supply of infrastructure can help foster growth in the region. This paper provides a scorecard on infrastructure … large gap in infrastructure in the region?although the magnitude of the gap depends on the sector, dimension, and country …

the impact of transport infrastructure on the poor, particularly the poorest and the bottom 20 percent of the population …

How much an economy should invest in its physical infrastructure is a crucial question being asked by policy makers … question by bringing insights from the literature that investigates the relationship between infrastructure investment … investigate the relationship between physical infrastructure and economic growth mostly conclude that there exists a positive …

Empirical explorations of the growth and productivity impacts of infrastructure have been characterized by ambiguous … infrastructure overprovision, simultaneity between infrastructure provision and growth, and the possibility of multiple (hence … indirect) channels of influence between infrastructure and productivity improvements. The authors explore these possibilities …

focus on the creation of fiscal space for increased investment in infrastructure, as well as on indicators related to macro … the World Bank for country strategy analysis. The different policy scenarios point to the importance of selecting … infrastructure projects with high productivity effects and the crucial role of financing in determining the net effects of expanded …

An adequate supply of infrastructure services has long been viewed by both academics and policy makers as a key … dominant position in the provision of infrastructure, and the opening up of these industries to private participation, have … renewed the debate on the role of infrastructure in the region's development. The focus of this paper is three-fold. First, it …

This paper provides an overview of the various channels through which public infrastructure may affect growth. In …, the impact of infrastructure on investment adjustment costs, the durability of private capital, and the production of …, infrastructure, and growth are illustrated in an endogenous growth model with transitional dynamics, and the optimal allocation of …

This paper examines a puzzle in the political economy of infrastructure in India -- the co-existence of relatively low … shares of capital spending in public budgets alongside evidence of large demand for village infrastructure from poor voters …. It argues that this pattern is due to infrastructure projects being used at the margin for political rent-seeking, while …