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
|
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
| 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 (59 Seiten)) |
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| spelling | Agenor, Pierre-Richard Verfasser aut Public Infrastructure And Growth New Channels And Policy Implications Agenor, Pierre-Richard Washington, D.C The World Bank 2006 1 Online-Ressource (59 Seiten)) txt rdacontent c rdamedia cr rdacarrier 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 Online-Ausg Children Clinics Death Rate Health Health Care Health Indicators Health Interventions Health Monitoring and Evaluation Health Outcomes Health Services Health, Nutrition and Population Hospitals Hygiene Implementation Transport Transport Economics, Policy and Planning Moreno-Dodson, Blanca Sonstige oth Agenor, Pierre-Richard Sonstige oth Agenor, Pierre-Richard Public Infrastructure And Growth http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4064 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Agenor, Pierre-Richard Public Infrastructure And Growth New Channels And Policy Implications Children Clinics Death Rate Health Health Care Health Indicators Health Interventions Health Monitoring and Evaluation Health Outcomes Health Services Health, Nutrition and Population Hospitals Hygiene Implementation Transport Transport Economics, Policy and Planning |
| 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_exact_search_txtP | 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 | Children Clinics Death Rate Health Health Care Health Indicators Health Interventions Health Monitoring and Evaluation Health Outcomes Health Services Health, Nutrition and Population Hospitals Hygiene Implementation Transport Transport Economics, Policy and Planning |
| topic_facet | Children Clinics Death Rate Health Health Care Health Indicators Health Interventions Health Monitoring and Evaluation Health Outcomes Health Services Health, Nutrition and Population Hospitals Hygiene Implementation Transport Transport Economics, Policy and Planning |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4064 |
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