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"The goal of the paper is to provide a comprehensive assessment of the impact of infrastructure development on growth … the impact on per capita growth of faster accumulation of infrastructure stocks and of enhancement in the quality of … infrastructure services for 39 African countries in three key infrastructure sectors: telecommunications, electricity, and roads …
Persistent link: https://www.econbiz.de/10011394208
This paper analyzes the impact of infrastructure on growth of total factor productivity and per capita income, using …. Growth regressions support that conclusion, while also stressing an effect of telecommunications infrastructure. Finally …, growth regressions also indicate quite consistently that the returns to infrastructure have been lower in the Middle East and …
Persistent link: https://www.econbiz.de/10011394399
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 …
Persistent link: https://www.econbiz.de/10011394611
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 …
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This paper examines whether infrastructure investment has contributed to East Asia's economic growth using both a … exercise and cross-country regressions fail to find a significant link between infrastructure, productivity and growth. These … conclusions contrast strongly with previous studies finding positive and significant effect for all infrastructure variables in …
Persistent link: https://www.econbiz.de/10010521170
This paper presents a survey of recent research on the economics of infrastructure in developing countries. Energy … between infrastructure and economic growth (at the economy-wide, regional and sectoral level) and the composition, sequencing … and efficiency of alternative infrastructure investments, including the arbitrage between new investments and maintenance …
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