In this paper we analyze an endogenous growth model with public capital and public debt where we posit that the primary surplus of the government is a positive function of cumulated past debt with an exponentially declining weight put on debt further back in time. We consider two scenarios:...

I provide evidence of the severe social costs imposed by infrastructure projects that are being implemented (i.e., projects started but not yet completed) in the context of sewerage in Peru. Using a counterfactual implementation predicted from geography-based cost considerations as an...

Deficiency of urban infrastructure facilities is one of the main problems behind the lower rate of urbanization in India. It has also unfavorably affected the realization of the full potential of the urban sector's contribution to national gross domestic product in India. From this perspective,...

The provision of transport infrastructure outside the most populated regions in Finland has been under budgetary pressure for more than decade. Many of these less populated areas suffer a decline of the population, which adds to the stress on these regional economies. The prolonged reduction in...

Imbalances in regional infrastructural availability have been a major reason behind lopsided development in India. This paper examines the veracity of this argument in light of empirical results at the district level using a multidimensional approach with sub-sectoral, sectoral and composite...

Wide regional variation has been a major characteristic of development experience in India. In the present study, the multidimensional facet of development is sought to be reflected through composite indices of development. It deals with the development trends exhibited at the National as well...

Imbalances in regional infrastructural availability have been a major reason behind lopsided development in India. This paper examines the veracity of this argument in light of empirical results at the district level using a multidimensional approach with sub-sectoral, sectoral and composite...

Imbalances in regional infrastructural availability have been a major reason behind lopsided development in India. This paper examines the veracity of this argument in light of empirical results at the district level using a multidimensional approach with sub-sectoral, sectoral and composite...

Infrastructure development is a priority on policy agendas in the EU and worldwide, because of the very high investment needs in basic infrastructure, especially in lagging behind regions and countries. The paper provides a descriptive analysis of the infrastructural gaps in EU transition...

Low levels of infrastructure quality and quantity can create trade impediments through increased transport costs. Since the late 1990s an increasing number of trade studies have taken infrastructure into account. The purpose of the present paper is to quantify the importance of infrastructure...