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This paper examines the relationship between infrastructure investment activity, capital market development, the role … of public institutions and economic development in the Asia Pacific. It adopts a review approach drawing on empirical … evidence over recent decades. Infrastructure is shown to be an important asset class playing a central role in a nation …
Persistent link: https://www.econbiz.de/10011649314
manufacturing. Finally, we find evidence consistent with the hypothesis that national infrastructure (i.e., transport …-related infrastructure and rail lines) can alleviate the lagging behind of landlocked regions …
Persistent link: https://www.econbiz.de/10012930611
Persistent link: https://www.econbiz.de/10009699567
Persistent link: https://www.econbiz.de/10010477472
-loaded increase in public infrastructure investment yield the desired growth-promoting effect? Taking a rigorous lo …
Persistent link: https://www.econbiz.de/10014481722
positive feedback between early capital market development and investment in infrastructure innovations that lowered system …This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and …-wide transaction costs has been a critical factor in sustaining growth since 1800. The paper sets out a model of infrastructure …
Persistent link: https://www.econbiz.de/10010434094
This paper investigates the effects of public investment in infrastructure on private output for Germany. Using a … intervals computed following the bootstrap procedure. Our results suggest that the effect of public investment in infrastructure …
Persistent link: https://www.econbiz.de/10010532083
Consumers should pay directly for many services furnished by the public sector, particularly such congestible services as roads or water and sewerage provided to easily identifiable users. However, these goods are often funded or partly subsidized through general taxes. Politicians seldom opt...
Persistent link: https://www.econbiz.de/10011897972
This study evaluated the relationship between inflation and infrastructure sector stock returns in emerging markets in … inability of infrastructure sector returns in emerging markets to hedge inflation. Similar results were obtained when the … heterogenic nature of the infrastructure sector, a deeper analysis that focuses on infrastructure sector sub-categories might be …
Persistent link: https://www.econbiz.de/10012219374
infrastructure (especially between the north and the south), which were partly determined by regional development policy, and (ii … indicates significant urbanization economies, notably those related to infrastructure, but the size of these economies varies … country failed to take advantage of these economies, and its declining capital stock, including infrastructure, may have …
Persistent link: https://www.econbiz.de/10014183302