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Public Infrastructure And Growth

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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 Impact Of Private Sector Participation In Infrastructure

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Author : Luis A. Andres
language : en
Publisher: World Bank Publications
Release Date : 2008-07-25

The Impact Of Private Sector Participation In Infrastructure written by Luis A. Andres 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 2008-07-25 with Business & Economics categories.

Infrastructure plays a key role in fostering growth and productivity and has been linked to improved earnings, health, and education levels for the poor. Yet Latin America and the Caribbean are currently faced with a dangerous combination of relatively low public and private infrastructure investment. Those investment levels must increase, and it can be done. If Latin American and Caribbean governments are to increase infrastructure investment in politically feasible ways, it is critical that they learn from experience and have an accurate idea of future impacts. This book contributes to this aim by producing what is arguably the most comprehensive privatization impact analysis in the region to date, drawing on an extremely comprehensive dataset.

Economic Analysis And Infrastructure Investment

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Author : Edward L. Glaeser
language : en
Publisher: University of Chicago Press
Release Date : 2021-11-11

Economic Analysis And Infrastructure Investment written by Edward L. Glaeser and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-11 with Business & Economics categories.

"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"--

Global Developments In Public Infrastructure Procurement

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Author : Darrin Grimsey
language : en
Publisher: Edward Elgar Publishing
Release Date : 2017-11-24

Global Developments In Public Infrastructure Procurement written by Darrin Grimsey and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-24 with Business & Economics categories.

There is widespread acceptance of the importance of infrastructure, but less agreement about how it should be funded and procured. While most public infrastructure is still provided in-house or by traditional procurement methods – with well-researched strengths and weaknesses – the development of service concession arrangements has seen a greater emphasis on lifecycle costing, risk assessment and asset design as featured in a variety of public private partnership (PPP) delivery models. This book examines the various procurement approaches, and provides a framework for comparing their advantages and disadvantages. Drawing on international experience, it considers some of the best and worst examples of PPPs, and infrastructure projects generally, along with the lessons for improving infrastructure procurement processes.

Unlocking Land Values To Finance Urban Infrastructure

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Author : George E. Peterson
language : en
Publisher: World Bank Publications
Release Date : 2009

Unlocking Land Values To Finance Urban Infrastructure written by George E. Peterson 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 2009 with Business & Economics categories.

Land-based financing of urban infrastructure is growing in importance in the developing world. Why is it so difficult to finance urban infrastructure investment, when land values typically increase by more than the cost of investment? Unlocking Land Values to Finance Urban Infrastructure examines the theory underlying different instruments of land-based finance, such as betterment levies, developer exactions, impact fees, and the exchange of publicly owned land assets for infrastructure. It provides a wealth of case-study illustrations of how different land-based financing tools have been implemented, and the lessons learned from these experiences. This practical guide is designed to help expand the role of land-based financing in urban capital budgets in a way that strengthens urban infrastructure finance and urban land markets.

Public Infrastructure And Growth

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Author : Pierre-Richard Agenor
language : en
Publisher:
Release Date : 2016

Public Infrastructure And Growth written by Pierre-Richard Agenor and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.

Infrastructure For Supporting Inclusive Growth And Poverty Reduction In Asia

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Author : Asian Development Bank
language : en
Publisher: Asian Development Bank
Release Date : 2012-05-01

Infrastructure For Supporting Inclusive Growth And Poverty Reduction In Asia written by Asian Development Bank and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-01 with Business & Economics categories.

This publication summarizes the papers and presentations in Workshops on Economics of Infrastructure in a Globalized World, funded by the Asian Development Bank through a regional technical assistance project. The discussions at the conferences focused on three themes: (i) the role of infrastructure in supporting inclusive growth and poverty reduction; (ii) the need for appropriate soft infrastructure, including the policy environment and regulatory institutions; and (iii) the potential for public and private partnerships in infrastructure provision. Each theme elaborates the premise that extensive, efficient infrastructure services are essential drivers of economic growth and sustainable poverty reduction.

Improving Public Infrastructure In The Philippines

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Author : Mr.Takuji Komatsuzaki
language : en
Publisher: International Monetary Fund
Release Date : 2016-02-29

Improving Public Infrastructure In The Philippines written by Mr.Takuji Komatsuzaki 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 2016-02-29 with Business & Economics categories.

This paper explores the macroeconomic effects of improving public infrastructure in the Philippines. After benchmarking the Philippines relative to its neighbors in terms of level of public capital and quality of public infrastructure, and public investment efficiency, it uses model simulations to assess the macroeconomic implications of raising public investment and improving public investment efficiency. The main results are as follows: (i) increasing public infrastructure investment results in sustained gains in output; (ii) the effects of improving public investment efficiency are substantial; and (iii) deficit-financed increases in public investment lead to higher borrowing costs that constrain output increases over time, underscoring the importance of revenue mobilization.

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.

Challenges Of Economic Growth Inequality And Conflict In South Asia Proceedings Of The 4th International Conference On South Asia

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Author : Hernaikh Singh
language : en
Publisher: World Scientific
Release Date : 2009-11-03

Challenges Of Economic Growth Inequality And Conflict In South Asia Proceedings Of The 4th International Conference On South Asia written by Hernaikh Singh and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-03 with Business & Economics categories.

South Asia's growing political and economic influence, as well as the dynamism of this rapidly changing region, demands careful examination. Drawing on many areas of expertise and a wide range of perspectives, this book analyses how recent developments in the economic, political and social landscapes of South Asia have affected the region itself as well as its relations with the rest of Asia and the world at large. The book gathers together the papers presented at the 4th International Conference on South Asia held in Singapore in November 2008. It represents the expert knowledge and opinions of prominent academics and world leaders. Whether be it dealing with issues of trade and investment, soft power and cultural influence, or the reduction of poverty, the chapters in this book are both in-depth and rich in broader implications for the South Asian region and beyond.

Public Infrastructure And Growth

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