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to initiate adequate investment incentives. Using a two-equation estimation approach, a direct competition effect (more … service competition increases the supply of infrastructure) can be disentangled from an indirect effect (more service … competition increases the demand for infrastructure quality and, as a consequence, increases the supply of infrastructure). While …
Persistent link: https://www.econbiz.de/10008701353
This paper investigates whether high borrowing costs deterred investment in sanitation infrastructure in late nineteenth-century Britain. Town councils had to borrow to fund investment, with considerable variation in interest rates across towns and over time. Panel regressions, using annual data...
Persistent link: https://www.econbiz.de/10012820694
Poland has significantly upgraded its infrastructure network over the past decade. However, bottlenecks still weigh on productivity growth and environmental and health outcomes. The EU 2014-20 programming period is an opportunity to improve the management of infrastructure investment. In the...
Persistent link: https://www.econbiz.de/10011577776
Persistent link: https://www.econbiz.de/10011961021
Persistent link: https://www.econbiz.de/10000986990
This review examines the literature on the role of infrastructure in determining the productivity and competitiveness of firms. It shows that the existing evidence base is clear in concluding that reliable and high-quality infrastructure is a crucial foundation for enabling businesses to thrive....
Persistent link: https://www.econbiz.de/10012052043
policies and competition controlling for relevant supply and demand side factors. Our econometric model employs dynamic panel … impact on investment in new infrastructure. Furthermore, infrastructure-based competition from mobile operators and the …
Persistent link: https://www.econbiz.de/10010424793
regulatory holidays or geographically differentiated regulations, ii) deregulatory approaches based on effective competition law … of access regulations exist, whereas only a much smaller branch of literature addresses the impact of competition … in grey areas, if there is sufficient pressure from competitive outside options and if competition law is strong. Finally …
Persistent link: https://www.econbiz.de/10010462525
countries within a region in a context of imperfect competition, where transport infrastructure investments play the role of a … are derived from the model. In particular, transport infrastructure investments can intensify fiscal competition between …
Persistent link: https://www.econbiz.de/10011723862