Infrastructure And Growth In Developing Countries : Recent Advances And Research Challenges / Straub, Stephane
This paper presents a survey of recent research on the economics of infrastructure in developing countries. Energy, transport, telecommunications, water and sanitation are considered. The survey covers two main set of issues: the linkages between infrastructure and economic growth (at the economy-wi...
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| Main Authors: | Straub, Stéphane, 1966- |
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| Formato: | Online-Resource |
| Idioma: | English |
| Publicado em: | Washington, D.C : The World Bank, 2008 |
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| Acesso em linha: | URL des Erstveröffentlichers |
| Resumo: | This paper presents a survey of recent research on the economics of infrastructure in developing countries. Energy, transport, telecommunications, water and sanitation are considered. The survey covers two main set of issues: the linkages between infrastructure and economic growth (at the economy-wide, regional and sectoral level) and the composition, sequencing and efficiency of alternative infrastructure investments, including the arbitrage between new investments and maintenance expenditures; OPEX and CAPEX, and public versus private investment. Following the introduction, section 2 discusses the theoretical foundations (growth theory and new economic geography). Section 3 assesses the analysis of 140 specifications from 64 recent empirical papers-examining type of data used, level of aggregation, econometric techniques and nature of the sample-and discusses both the macro-econometric and micro-econometric contributions of these papers. Finally section 4 discusses directions for future research and suggests priorities in data development |
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| Descrição do item: | Weitere Ausgabe: Straub, Stephane: Infrastructure And Growth In Developing Countries |
| Descrição Física: | 1 Online-Ressource (54 Seiten) |
