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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Detalles Bibliográficos
Autores principales:Straub, Stéphane, 1966-
Formato: Online-Resource
Lenguaje:English
Publicado:Washington, D.C : The World Bank, 2008
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Acceso en línea:URL des Erstveröffentlichers
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Sumario: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
Notas:Weitere Ausgabe: Straub, Stephane: Infrastructure And Growth In Developing Countries
Descripción Física:1 Online-Ressource (54 Seiten)