Infrastructure Productivity And Economic Growth

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Economic Analysis and Infrastructure Investment

Author : Edward L. Glaeser
Publisher : University of Chicago Press
ISBN 13 : 022680058X
Total Pages : 479 pages
Book Rating : 4.2/5 (268 download)

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Book Synopsis Economic Analysis and Infrastructure Investment by : Edward L. Glaeser

Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--

Infrastructure, Productivity, and Economic Growth

Author : United States. Congress. Senate. Committee on Environment and Public Works. Subcommittee on Water Resources, Transportation, and Infrastructure
Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Infrastructure, Productivity, and Economic Growth by : United States. Congress. Senate. Committee on Environment and Public Works. Subcommittee on Water Resources, Transportation, and Infrastructure

Download or read book Infrastructure, Productivity, and Economic Growth written by United States. Congress. Senate. Committee on Environment and Public Works. Subcommittee on Water Resources, Transportation, and Infrastructure and published by . This book was released on 1991 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Infrastructure and the Complexity of Economic Development

Author : David F. Batten
Publisher : Springer Science & Business Media
ISBN 13 : 3642802664
Total Pages : 296 pages
Book Rating : 4.6/5 (428 download)

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Book Synopsis Infrastructure and the Complexity of Economic Development by : David F. Batten

Download or read book Infrastructure and the Complexity of Economic Development written by David F. Batten and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines the complex relationships between infrastructure and the rest of the economy. In particular, it focuses on the contentious issue of whether infrastructure investments stimulate productivity growth, issues of pricing and ownership, and also development problems such as environmental damage. Methods range from traditional production function models and compensating variation approaches to nonlinear methods of dynamic analysis. There is a unique emphasis on the ability of these different methods to allow for the complex interdependencies involved. Six of the fifteen papers deal with these methodological aspects, whereas the remainder addresses specific cases or examples in a variety of countries (Europe, USA and developing countries).

Infrastructure Productivity Evaluation

Author : Wouter Jonkhoff
Publisher : Springer Science & Business Media
ISBN 13 : 1441981012
Total Pages : 105 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Infrastructure Productivity Evaluation by : Wouter Jonkhoff

Download or read book Infrastructure Productivity Evaluation written by Wouter Jonkhoff and published by Springer Science & Business Media. This book was released on 2011-01-11 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure construction and use is at the heart o the current political debate. Not only are European member state governments investing large amounts of money to alleviate the harmful effects of the economic downturn due to the credit crisis, EU accession countries receive large amounts of cohesion funds for infrastructure purposes. Infrastructure is widely believed to contribute largely to economic performance, but to what extent is this the case? How does the productivity of roads, railways and ports relate to the invested money, and what determines their effectiveness? In this Brief, which focuses to a large extent on Dutch and European practice, numerous distinguished economists describe policy practice and analytical tools for infrastructure appraisal. Moreover, harmonisation of European approaches for evaluation of infrastructure are discussed. The study focuses both on scientific productivity measurement as on case studies of infrastructure policy.

Public Infrastructure and Growth

Author : Pierre-Richard Agénor
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 59 pages
Book Rating : 4./5 ( download)

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Book Synopsis Public Infrastructure and Growth by : Pierre-Richard Agénor

Download or read book Public Infrastructure and Growth written by Pierre-Richard Agénor and published by World Bank Publications. This book was released on 2006 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper provides an overview of the various channels through which public infrastructure may affect growth. In addition to the conventional productivity, complementarity, and crowding-out effects typically emphasized in the literature, the impact of infrastructure on investment adjustment costs, the durability of private capital, and the production of health and education services are also highlighted. Effects on health and education are well documented in a number of microeconomic studies, but macroeconomists have only recently begun to study their implications for growth. Links between health, infrastructure, and growth are illustrated in an endogenous growth model with transitional dynamics, and the optimal allocation of public expenditure is discussed. The concluding section draws implications of the analysis for the design of strategies aimed at promoting growth and reducing poverty.

Infrastructuring

Author : A. Coskun Samli
Publisher : Springer Science & Business Media
ISBN 13 : 1441975217
Total Pages : 124 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Infrastructuring by : A. Coskun Samli

Download or read book Infrastructuring written by A. Coskun Samli and published by Springer Science & Business Media. This book was released on 2010-11-12 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent global financial crisis has intensified concerns over how nations—both developed and developing — can revitalize economic growth and ensure opportunity for prosperity to all citizens. Many analysts and policymakers alike are looking to new business creation and the promotion of entrepreneurial practices as a panacea, or at least as a partial solution. A. Coskun Samli has argued in his two most recent books that the current model of globalization tends to marginalize the poor and that developing countries must rely on local business development, rather than exogenous forces, such as aid, loans, and trade, to catalyze growth. This third book in his trilogy argues that a "bottom-up" approach is necessary for developing countries to participate in globalization—but is not sufficient. He proposes that the economic goals of a country, a region, or a company are fulfilled first and foremost by a properly designed and maintained infrastructure, encompassing both physical elements, such as transportation and communication systems, and qualitative elements, such as functioning educational, legal, and governing institutions. In Infrastructuring, Samli analyzes the experiences of a variety of countries, including China, India, Ireland, and South Africa, to highlight the role that infrastructure plays in economic development, and considers its implications for such timely issues as new business creation, productivity, and supply chain logistics. Moreover, he outlines practical approaches to infrastructure management and policy oversight.

Infrastructure's Contribution to Aggregate Output

Author : David Canning
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Infrastructure's Contribution to Aggregate Output by : David Canning

Download or read book Infrastructure's Contribution to Aggregate Output written by David Canning and published by World Bank Publications. This book was released on 1999 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Of the major kinds of physical infrastructure, electricity generating capacity has roughly the same marginal productivity as physical capital as a whole. So have roads-plus-rail, globally and in lower-income countries. Telephones, however, and transport routes in higher-income countries, have higher marginal productivity than other kinds of capital"--Cover.

infrastructure and economic growth in east asia

Author : Stephane Straub
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4./5 ( download)

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Book Synopsis infrastructure and economic growth in east asia by : Stephane Straub

Download or read book infrastructure and economic growth in east asia written by Stephane Straub and published by World Bank Publications. This book was released on 2008 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper examines whether infrastructure investment has contributed to East Asia's economic growth using both a growth accounting framework and cross-country regressions. For most of the variables used, both the growth accounting 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 the context of a production function study. This leads us to conclude that results from studies using macro-level data should be considered with extreme caution. The Authors suggest that infrastructure investment may have had the primary function of relieving constraints and bottlenecks as they arose, as opposed to directly encouraging growth.

Transport Infrastructure, City Productivity Growth and Sectoral Reallocation: Evidence from China

Author : Yang Yang
Publisher : International Monetary Fund
ISBN 13 : 1484391012
Total Pages : 63 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Transport Infrastructure, City Productivity Growth and Sectoral Reallocation: Evidence from China by : Yang Yang

Download or read book Transport Infrastructure, City Productivity Growth and Sectoral Reallocation: Evidence from China written by Yang Yang and published by International Monetary Fund. This book was released on 2018-12-11 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the impact of highway expansion on aggregate productivity growth and sectoral reallocation between cities in China. To do so, I construct a unique dataset of bilateral transportation costs between Chinese cities, digitized highway network maps, and firm-level census. I first derive and estimate a market access measure that summarizes all direct and indirect impact of trade costs on city productivity. I then construct an instrumental variable to examine the causal impact of highways on economic outcomes and the underlying channels. The results suggest that highways promoted aggregate productivity growth by facilitating firm entry, exit and reallocation. I also find evidence that the national highway system led to a sectoral reallocation between cities in China.

Infrastructure and Economic Growth in Asia

Author : John Cockburn
Publisher : Springer
ISBN 13 : 3319031376
Total Pages : 156 pages
Book Rating : 4.3/5 (19 download)

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Book Synopsis Infrastructure and Economic Growth in Asia by : John Cockburn

Download or read book Infrastructure and Economic Growth in Asia written by John Cockburn and published by Springer. This book was released on 2013-12-05 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries, since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.

Infrastructure and Productivity in Asia

Author : J. Kidd
Publisher : Springer
ISBN 13 : 0230523560
Total Pages : 249 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis Infrastructure and Productivity in Asia by : J. Kidd

Download or read book Infrastructure and Productivity in Asia written by J. Kidd and published by Springer. This book was released on 2005-02-11 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a feeling that Asia is at a crossroad, and is facing a new crisis. The earlier crisis of 1997/98 showed that effective systems were missing. Afterwards governments, foreign investors and foreign managers initiated more holistic infrastructures, but corruption, poorly connecting systems, and a lack of transparent management have ensured that these are under performing. In this book well-informed authors offer insights on Asia's political, educational and physical infrastructures, and indicate the routes leading to better integrated futures.

Ensuring Productive Investment in Transportation Infrastructure

Author : David Leonard Lewis
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Ensuring Productive Investment in Transportation Infrastructure by : David Leonard Lewis

Download or read book Ensuring Productive Investment in Transportation Infrastructure written by David Leonard Lewis and published by . This book was released on 1993 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an operational definition of "sound and appropriate infrastructure". It asks how much the nation must spend to obtain it, and examines the correct volume and mix of infrastructure investment within the context of: 1) the aims of deficit reduction; 2) the goal of creating the right environment for long-term economic growth and stability; and 3) the desire for a short-term economic stimulus

Assessing the Relationship Between Transportation Infrastructure and Productivity

Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (1 download)

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Book Synopsis Assessing the Relationship Between Transportation Infrastructure and Productivity by :

Download or read book Assessing the Relationship Between Transportation Infrastructure and Productivity written by and published by . This book was released on 1992 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Critical Link

Author : Donn R. Osmon
Publisher :
ISBN 13 :
Total Pages : 20 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis The Critical Link by : Donn R. Osmon

Download or read book The Critical Link written by Donn R. Osmon and published by . This book was released on 1991 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Role of Transport Infrastructure

Author : Claudio Ferrari
Publisher : Elsevier
ISBN 13 : 0128130970
Total Pages : 312 pages
Book Rating : 4.1/5 (281 download)

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Book Synopsis Economic Role of Transport Infrastructure by : Claudio Ferrari

Download or read book Economic Role of Transport Infrastructure written by Claudio Ferrari and published by Elsevier. This book was released on 2018-10-23 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Role of Transport Infrastructure: Theory and Models helps evaluate the economic effects of transport infrastructure investments within a cost-benefit framework for maximum economic impact. The book analyzes the primary empirical approaches used to gauge the economic effects of transport infrastructures, providing in-depth discussions on data issues, input-output techniques, and econometric methodologies. Users will find empirical evidence organized from a transport mode point-of-view, inspiring researchers to conduct comparative analysis for various infrastructure projects. Topics cover infrastructure's impact on economic growth using theoretical frameworks, including exogenous growth models, endogenous growth models, and new economic geography models. In addition, readers will also learn tips for conducting infrastructure impact studies and how to improve the effectiveness of infrastructural investments design. - Explains and evaluates the economic effects of transport infrastructure investments, including direct and indirect, short and long run impact, and local and spillover outcomes - Provides up-to-date coverage of quantitative techniques and empirical results for transportation and economic impact issues - Explains the steps for conducting impact studies for proposed infrastructure projects - Analyzes infrastructure's role on economic growth through theoretical, methodological and empirical perspectives - Features case studies describing real-world methods

Growth in Sub-Saharan Africa

Author : Mr.Dhaneshwar Ghura
Publisher : International Monetary Fund
ISBN 13 : 1451855753
Total Pages : 32 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Growth in Sub-Saharan Africa by : Mr.Dhaneshwar Ghura

Download or read book Growth in Sub-Saharan Africa written by Mr.Dhaneshwar Ghura and published by International Monetary Fund. This book was released on 1995-12-01 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.

Public Infrastructure and Private Sector Profitability and Productivity in Mexico

Author : Anwar Shah
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 45 pages
Book Rating : 4./5 ( download)

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Book Synopsis Public Infrastructure and Private Sector Profitability and Productivity in Mexico by : Anwar Shah

Download or read book Public Infrastructure and Private Sector Profitability and Productivity in Mexico written by Anwar Shah and published by World Bank Publications. This book was released on 1988 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: Microeconometric analysis of Mexican industry shows additional investment in public infrastructure produces only a small increase in output. This suggests that the policy emphasis in Mexico should be on the better upkeep of existing infrastructure to ensure the continuity of public services rather than on new capital investment.