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The recent experience of infrastructure investment in the People's Republic of China (PRC) suggests an intertwined … infrastructure investment, which then drives economic growth via various channels including reducing transaction costs and raising … productivity. Another mechanism emphasized in this paper is that infrastructure investment can promote urbanization through …
Persistent link: https://www.econbiz.de/10011585947
We examine the evolution of infrastructure, and the impact of infrastructure investment, in middleincome countries … (MICs). We document how different types of infrastructure stocks, as well as infrastructure investment, vary with the level … provision of infrastructure varies across development stages; there is a focus on basic infrastructure, such as transport, water …
Persistent link: https://www.econbiz.de/10011713011
Infrastructure plays a key role in facilitating trade, especially since recent trade liberalization in Asia has … resulted in significant tariff reductions. This study quantifies the impacts of both hard and soft infrastructure on trade … improvements in transport infrastructure (i.e., the road density network, air transport, railways, ports, and logistics) have …
Persistent link: https://www.econbiz.de/10011407564
Development economists have considered physical infrastructure to be a precondition for industrialization and economic … effectiveness of infrastructure in reducing poverty is important, experimental evaluation, such as randomized control trials (RCT …)-based evaluation, is difficult in the context of large-scale infrastructure. Second, while micro studies so far have focused on the …
Persistent link: https://www.econbiz.de/10013029875
Infrastructure is one of the primary parts to drive economic growth. An area with adequate infrastructure will have … problems in development, especially related to infrastructure and economic growth. After the disaster in 2018, the economy of … prospects for infrastructure development to boost economic growth in the province of West Nusa Tenggara with panel data analysis …
Persistent link: https://www.econbiz.de/10013248005
This paper provides a comprehensive overview of the issues, policies, and political economy of infrastructure … investment, and a review of empirical literature of the relationship between growth and infrastructure. Empirical estimations … using the growth accounting framework for a panel of 123 economies confirm that while infrastructure contributes to growth …
Persistent link: https://www.econbiz.de/10013108176
I investigate the social costs imposed by poor implementation of public infrastructure. Focusing on the period from … infrastructure development increased infant and under-5 mortality. These effects are driven by health and safety hazards associated …
Persistent link: https://www.econbiz.de/10015334449
This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … positive feedback between early capital market development and investment in infrastructure innovations that lowered system …-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
Public infrastructure investments are seen as one of the key engines of economic growth in China. Yet, there is little … quantitative evidence on the growth and distributive effects of public infrastructure investments (PII) in China. This paper … more in rural infrastructure to reduce inequality between rural and urban households in the future …
Persistent link: https://www.econbiz.de/10012938236
Public infrastructure investments are seen as one of the key engines of economic growth in China. Yet, there is little … quantitative evidence on the growth and distributive effects of public infrastructure investments (PII) in China. This paper … more in rural infrastructure to reduce inequality between rural and urban households in the future …
Persistent link: https://www.econbiz.de/10012920734