Public Infrastructure And Growth: New Channels And Policy Implications
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,...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2006
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| Schlagworte: | |
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| Zusammenfassung: | 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 |
| Beschreibung: | 1 Online-Ressource (1 online resource (59 p.)) |
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| 520 | 1 | |a 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 | |
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| id | DE-604.BV040618669 |
| illustrated | Not Illustrated |
| indexdate | 2024-08-27T04:18:03Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025446168 |
| oclc_num | 874235260 |
| open_access_boolean | |
| owner | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
| owner_facet | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
| physical | 1 Online-Ressource (1 online resource (59 p.)) |
| psigel | ZDB-1-WBA |
| publishDate | 2006 |
| publishDateSearch | 2006 |
| publishDateSort | 2006 |
| publisher | The World Bank |
| record_format | marc |
| spellingShingle | Agénor, Pierre-Richard 1957- Public Infrastructure And Growth New Channels And Policy Implications Kind |
| title | Public Infrastructure And Growth New Channels And Policy Implications |
| title_auth | Public Infrastructure And Growth New Channels And Policy Implications |
| title_exact_search | Public Infrastructure And Growth New Channels And Policy Implications |
| title_full | Public Infrastructure And Growth New Channels And Policy Implications Agenor, Pierre-Richard |
| title_fullStr | Public Infrastructure And Growth New Channels And Policy Implications Agenor, Pierre-Richard |
| title_full_unstemmed | Public Infrastructure And Growth New Channels And Policy Implications Agenor, Pierre-Richard |
| title_short | Public Infrastructure And Growth |
| title_sort | public infrastructure and growth new channels and policy implications |
| title_sub | New Channels And Policy Implications |
| topic | Kind |
| topic_facet | Kind |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4064 |
| work_keys_str_mv | AT agenorpierrerichard publicinfrastructureandgrowthnewchannelsandpolicyimplications AT morenododsonblanca publicinfrastructureandgrowthnewchannelsandpolicyimplications |