Public Infrastructure And Growth PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Public Infrastructure And Growth PDF full book. Access full book title Public Infrastructure And Growth.
| Author | : Pierre-Richard Agénor |
| Publisher | : World Bank Publications |
| Total Pages | : 59 |
| Release | : 2006 |
| Genre | : Children |
| ISBN | : |
Download Public Infrastructure and Growth Book in PDF, ePub and Kindle
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.
| Author | : John Cockburn |
| Publisher | : Springer |
| Total Pages | : 148 |
| Release | : 2013-12-05 |
| Genre | : Business & Economics |
| ISBN | : 3319031376 |
Download Infrastructure and Economic Growth in Asia Book in PDF, ePub and Kindle
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.
| Author | : Pierre-Richard Agenor |
| Publisher | : |
| Total Pages | : 59 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
Download Public Infrastructure and Growth Book in PDF, ePub and Kindle
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.
| Author | : Edward L. Glaeser |
| Publisher | : University of Chicago Press |
| Total Pages | : 479 |
| Release | : 2021-11-11 |
| Genre | : Business & Economics |
| ISBN | : 022680058X |
Download Economic Analysis and Infrastructure Investment Book in PDF, ePub and Kindle
"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"--
| Author | : Demetrio Muñoz Gielen |
| Publisher | : Routledge |
| Total Pages | : 258 |
| Release | : 2019-05-01 |
| Genre | : Architecture |
| ISBN | : 1351129147 |
Download Public Infrastructure, Private Finance Book in PDF, ePub and Kindle
Traditionally, the public sector has been responsible for the provision of all public goods necessary to support sustainable urban development, including public infrastructure such as roads, parks, social facilities, climate mitigation and adaptation, and affordable housing. With the shift in recent years towards public infrastructure being financed by private stakeholders, the demand for transparent guidance to ensure accountability for the responsibilities held by developers has risen. Within planning practice and urban development, the shift towards private financing of public infrastructure has translated into new tools being implemented to provide joint responsibility for upholding requirements. Developer obligations are contributions made by property developers and landowners towards public infrastructure in exchange for decisions on land-use regulations which increase the economic value of their land. This book presents insight into the design and practical results of these obligations in different countries and their effects on municipal financial health, demonstrating the increasing importance of efficient bargaining processes and the institutional design of developer obligations in modern urban planning. Primarily written for academics in land-use planning, real estate, urban development, law, and economics, it will additionally be useful to policy makers and practitioners pursuing the improvement of public infrastructure financing.
| Author | : Manoj Atolia |
| Publisher | : International Monetary Fund |
| Total Pages | : 44 |
| Release | : 2017-05-04 |
| Genre | : Business & Economics |
| ISBN | : 1475598491 |
Download Investing in Public Infrastructure Book in PDF, ePub and Kindle
Why do governments in developing economies invest in roads and not enough in schools? In the presence of distortionary taxation and debt aversion, the different pace at which roads and schools contribute to economic growth turns out to be central to this decision. Specifically, while costs are front-loaded for both types of investment, the growth benefits of schools accrue with a delay. To put things in perspective, with a “big push,” even assuming a large (15 percent) return differential in favor of schools, the government would still limit the fraction of the investment scale-up going to schools to about a half. Besides debt aversion, political myopia also turns out to be a crucial determinant of public investment composition. A “big push,” by accelerating growth outcomes, mitigates myopia—but at the expense of greater risks to fiscal and debt sustainability. Tied concessional financing and grants can potentially mitigate the adverse effects of both debt aversion and political myopia.
| Author | : Mr.Takuji Komatsuzaki |
| Publisher | : International Monetary Fund |
| Total Pages | : 24 |
| Release | : 2016-02-29 |
| Genre | : Business & Economics |
| ISBN | : 151351511X |
Download Improving Public Infrastructure in the Philippines Book in PDF, ePub and Kindle
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.
| Author | : Jay M. Stein |
| Publisher | : SAGE Publications, Incorporated |
| Total Pages | : 256 |
| Release | : 1988-04 |
| Genre | : Political Science |
| ISBN | : |
Download Public Infrastructure Planning and Management Book in PDF, ePub and Kindle
Public Infrastructure Planning and Management focuses on the economic context that has determined the fiscal condition of infrastructure investments in the US. It addresses the lack of resource commitment to public facilities, examining the larger policy contexts of national growth strategies, economic development planning, fiscal and monetary policies and federal budget priorities.
| Author | : United States. Congress. Senate. Committee on Environment and Public Works. Subcommittee on Water Resources, Transportation, and Infrastructure |
| Publisher | : |
| Total Pages | : 76 |
| Release | : 1991 |
| Genre | : Capital investments |
| ISBN | : |
Download Infrastructure, Productivity, and Economic Growth Book in PDF, ePub and Kindle
| Author | : Pierre-Richard Agénor |
| Publisher | : Princeton University Press |
| Total Pages | : 264 |
| Release | : 2013 |
| Genre | : Business & Economics |
| ISBN | : 0691155801 |
Download Public Capital, Growth and Welfare Book in PDF, ePub and Kindle
Laying a solid foundation of economic facts and ideas, this book provides a comprehensive look at the critical role of public capital in development.
