Network Effects And Infrastructure Productivity In Developing Countries
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Network Effects And Infrastructure Productivity In Developing Countries
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Author : Bertrand Candelon
language : en
Publisher:
Release Date : 2015
Network Effects And Infrastructure Productivity In Developing Countries written by Bertrand Candelon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
This study proposes to investigate the threshold effects in the productivity of infrastructure investment in developing countries. It concludes to their presence in the relationship between output and private and public inputs as well as network effects in the productivity of infrastructure. When the available stock of infrastructure is low, investment has the same productivity as non-infrastructure investment. On the contrary, when a minimum network is available, the marginal productivity of infrastructure investment is greater than the productivity of other investments. Finally, when the main network is achieved, its marginal productivity becomes similar to the productivity of other investment.
Network Effects Of The Productivity Of Infrastructure In Devoloping Countries
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Author : Christophe Hurlin
language : en
Publisher: World Bank Publications
Release Date : 2006
Network Effects Of The Productivity Of Infrastructure In Devoloping Countries written by Christophe Hurlin and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Infrastructure (Economics) categories.
Using panel data models, the author examines the threshold effects of the productivity of infrastructure investment in developing countries. He considers various specifications of an augmented production function that allow for endogenous thresholds. More precisely, these specifications are tested in a panel threshold regression model. The author's main robust result is the presence of strong threshold effects in the relationship between output and private and public inputs. Whatever the transition mechanism used, the testing procedures lead to strong rejection of the linearity of this relationship. In particular, the productivity of infrastructure investment generally exhibits some network effects. When the available stock of infrastructure is very low, investment in this sector has the same productivity as noninfrastructure investment. On the contrary, when a minimum network is available, the marginal productivity of infrastructure investment is generally largely greater than the productivity of other investment. Finally, when the main network is achieved, its marginal productivity becomes similar to the productivity of other investment.
Network Effects Of The Productivity Of Infrastructure In Developing Countries
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Author : Christophe Hurlin
language : en
Publisher:
Release Date : 2012
Network Effects Of The Productivity Of Infrastructure In Developing Countries written by Christophe Hurlin and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Using panel data models, the author examines the threshold effects of the productivity of infrastructure investment in developing countries. He considers various specifications of an augmented production function that allow for endogenous thresholds. More precisely, these specifications are tested in a panel threshold regression model. The author's main robust result is the presence of strong threshold effects in the relationship between output and private and public inputs. Whatever the transition mechanism used, the testing procedures lead to strong rejection of the linearity of this relationship. In particular, the productivity of infrastructure investment generally exhibits some network effects. When the available stock of infrastructure is very low, investment in this sector has the same productivity as noninfrastructure investment. On the contrary, when a minimum network is available, the marginal productivity of infrastructure investment is generally largely greater than the productivity of other investment. Finally, when the main network is achieved, its marginal productivity becomes similar to the productivity of other investment.
Identifying The Main Drivers Of Productivity Growth A Literature Review
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2022-11-07
Identifying The Main Drivers Of Productivity Growth A Literature Review written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-07 with categories.
This report represents the second outcome of the collaboration between the Asian Productivity Organization (APO) and the Organisation for Economic Co-operation and Development (OECD) to improve the measurement and analysis of productivity developments across APO and OECD member economies. The report discusses the potential impact of COVID-19 on productivity and examines the role of Multifactor Productivity (MFP) as a major driver of economic growth and changes in living standards.
Kyrgyz Republic
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Author : International Monetary Fund. Middle East and Central Asia Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2015-05-14
Kyrgyz Republic written by International Monetary Fund. Middle East and Central Asia Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-14 with Business & Economics categories.
This paper discusses the Kyrgyz Republic’s Request for a Three-year Arrangement Under the Extended Credit Facility (ECF). Performance under the previous ECF arrangement, which expired last July, was good. Macroeconomic stability was restored, fiscal consolidation was stronger than planned, monetary policy was enhanced through a new interest rate-based framework, and supervision was strengthened in the financial sector. Although performance under the last ECF arrangement was good, new challenges have emerged, and some key reforms have yet to be implemented. The IMF staff supports the authorities’ request for a three-year arrangement under the ECF.
Infrastructure And Growth In Developing Countries
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Author : Stephane Straub
language : en
Publisher: World Bank Publications
Release Date :
Infrastructure And Growth In Developing Countries written by Stephane Straub and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.
Public Infrastructure And Growth
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Author : Pierre-Richard Agénor
language : en
Publisher: World Bank Publications
Release Date : 2006
Public Infrastructure And Growth written by Pierre-Richard Agénor and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Economic development categories.
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.
The World Bank Research Program 2005 2007
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Author :
language : en
Publisher: World Bank Publications
Release Date : 2008
The World Bank Research Program 2005 2007 written by and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
This pocket-sized reference on key environmental data for over 200 countries includes key indicators on agriculture, forestry, biodiversity, energy, emission and pollution, and water and sanitation. The volume helps establish a sound base of information to help set priorities and measure progress toward environmental sustainability goals.
Network Effects Of The Productivity Of Infrastructure In Developing Countries
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Author : Christophe Hurling
language : en
Publisher:
Release Date : 1998
Network Effects Of The Productivity Of Infrastructure In Developing Countries written by Christophe Hurling and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.
Infrastructure And Development A Critical Appraisal Of The Macro Level Literature
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Author : Stephane Straub
language : en
Publisher: World Bank Publications
Release Date :
Infrastructure And Development A Critical Appraisal Of The Macro Level Literature written by Stephane Straub and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on with categories.