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  • 1
    Online Resource
    Online Resource
    Infrastructure and Economic Growth in East Asia / (2008)
    Washington, D.C., : The World Bank,
    Details
    UID:
    almafu_9958097434702883
    Format: 1 online resource (47 pages)
    Series Statement: Policy research working papers.
    Content: This paper examines whether infrastructure investment has contributed to East Asia's economic growth using both a growth accounting framework and cross-country regressions. For most of the variables used, both the growth accounting exercise and cross-country regressions fail to find a significant link between infrastructure, productivity and growth. These conclusions contrast strongly with previous studies finding positive and significant effect for all infrastructure variables in the context of a production function study. This leads us to conclude that results from studies using macro-level data should be considered with extreme caution. The Authors suggest that infrastructure investment may have had the primary function of relieving constraints and bottlenecks as they arose, as opposed to directly encouraging growth.
    Language: English
    DOI: 10.1596/1813-9450-4589
    URL: Volltext
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  • 2
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    Infrastructure and Development : A Critical Appraisal of the Macro Level Literature (2008)
    Washington, D.C., : The World Bank,
    Details
    UID:
    almafu_9958097434602883
    Format: 1 online resource (48 pages)
    Series Statement: Policy research working papers.
    Content: This survey reviews the existing macro-level empirical literature on the link between infrastructure and development outcomes in a critical light. After providing a general framework that casts the relevant terms of the controversy on the real effect of infrastructure on growth in the context of an aggregate production function, it signals what are the relevant empirical questions to be addressed. This guides the systematic review of a number of empirical studies and the discussion of the main econometric challenges to the identification of the effect of infrastructure on output and productivity. Finally, building on related research, in particular in contract theory and political economy, the paper spells out several promising research avenues.
    Language: English
    DOI: 10.1596/1813-9450-4590
    URL: Volltext
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  • 3
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    Online Resource
    Infrastructure and Growth in Developing Countries : Recent Advances and Research Challenges (2008)
    Washington, D.C., : The World Bank,
    Details
    UID:
    almafu_9958099242502883
    Format: 1 online resource (54 pages)
    Series Statement: Policy research working papers.
    Content: 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.
    Language: English
    DOI: 10.1596/1813-9450-4460
    URL: Volltext
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  • 4
    Online Resource
    Online Resource
    Renegotiation of concession contracts in Latin America (2003)
    Washington, D.C : World Bank
    Details
    UID:
    b3kat_BV049075585
    Format: 1 Online-Ressource
    Edition: Online-Ausg Also available in print
    Series Statement: Policy research working paper 3011
    Note: "March 27, 2003 , Includes bibliographical references , Title from title screen as viewed on March 27, 2003
    Additional Edition: Guasch, J. Luis Renegotiation of concession contracts in Latin America
    Language: English
    URL: Volltext  (URL des Erstveröffentlichers)
    URL: Volltext
    URL: Volltext
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  • 5
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    Rising Incomes and Inequality of Access to Infrastructure among Latin American Households / (2017)
    Washington, D.C. :The World Bank,
    Details
    UID:
    almafu_9958246224602883
    Format: 1 online resource (35 pages)
    Series Statement: Policy research working papers.
    Content: This paper documents access to services and ownership of infrastructure-related durables in the water, energy, telecom, and transport areas, based on harmonized household survey data covering 1.6 million households in 14 Latin American countries during 1992 to 2012. The paper provides a systematic disaggregation of access and ownership rates at different levels of income and over time, and econometrically derives the country infrastructure premium, a measure of how much a household benefits from simply being located in a given country. The results show extensive inequality of access, within countries across the income distribution, but also across countries for households at similar levels of income. For water and electricity, for example, up to two-thirds of the variability in individual percentile access to infrastructure services and consumption of related assets can be explained by country residence only. In addition, few country fundamentals appear to be significant in explaining this variability, pointing to policy differences as an important determinant. The paper derives the income elasticity of infrastructure access for the full set of indicators, and uses these to estimate the time that would be needed to close the remaining gap for households at different levels of the income distribution under a "business as usual" hypothesis. Under that scenario, universal access appears to be decades away for many countries in the region. The last part discusses the policy challenges, arguing that in a context in which public budgets face strong constraints and significant increases in private investment are unlikely to be forthcoming, a large part of the solution lies in refocused investment strategies, better demand management, and improved public spending efficiency.
    Language: English
    DOI: 10.1596/1813-9450-7987
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  • 6
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    Online Resource
    Infrastructure and Economic Growth in the Middle East and North Africa / (2009)
    Washington, D.C., : The World Bank,
    Details
    UID:
    almafu_9958246242102883
    Format: 1 online resource (28 pages)
    Series Statement: Policy research working papers.
    Content: This paper analyzes the impact of infrastructure on growth of total factor productivity and per capita income, using both growth accounting techniques and cross-country growth regressions. The two econometric techniques yield some consistent and some different results. Regressions based in the growth accounting framework suggest that electricity production helps explain cross-country differences in total factor productivity growth in the Middle East and North Africa region. Growth regressions support that conclusion, while also stressing an effect of telecommunications infrastructure. Finally, growth regressions also indicate quite consistently that the returns to infrastructure have been lower in the Middle East and North Africa region than in developing countries as a whole.
    Language: English
    DOI: 10.1596/1813-9450-5105
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 7
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    Online Resource
    Do Regulation and Institutional Design Matter for Infrastructure Sector Performance ? / (2007)
    Washington, D.C., : The World Bank,
    Details
    UID:
    almafu_9958099258902883
    Format: 1 online resource (56 pages)
    Series Statement: Policy research working papers.
    Content: This paper evaluates the impact of economic regulation on infrastructure sector outcomes. It tests the impact of regulation from three different angles: aligning costs with tariffs and firm profitability; reducing opportunistic renegotiation; and measuring the effects on productivity, quality of service, coverage, and prices. The analysis uses an extensive data set of about 1,000 infrastructure concessions granted in Latin America from the late 1980s to the early 2000s. The analysis finds that as the theory indicates, regulation matters. The empirical work here reported shows that in three relevant economic aspects-aligning costs and tariffs; dissuading renegotiations; and improving productivity, quality of service, coverage, and tariffs-the structure, institutions, and procedures of regulation matter. Thus, significant efforts should continue to be made to improve the structure, quality, and institutionality of regulation. Regulation matters for protecting both consumers and investors, for aligning closely financial returns and the costs of capital, and for capturing higher levels of benefits from the provision of infrastructure services by the private sector.
    Language: English
    DOI: 10.1596/1813-9450-4378
    URL: Volltext  (URL des Erstveröffentlichers)
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  • 8
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    Online Resource
    Explaining enterprise performance in developing countries with business climate survey data (2008)
    [Washington, D.C] : World Bank
    Details
    UID:
    b3kat_BV040619396
    Format: 1 Online-Ressource
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Edition: Also available in print.
    Series Statement: Policy research working paper 4792
    Content: "This paper surveys the recent literature which examines the impact of business climate variables on productivity and growth in developing countries using enterprise surveys. Comparable enterprise surveys today cover some 70,000 firms in over 100 countries around the world. The literature that has analyzed this data provides evidence that a good business climate drives growth by encouraging investment and higher productivity. Various infrastructure, finance, security, competition and regulation variables have been shown to significantly impact firm performance. Section 1 of this paper outlines the theoretical framework that underpins the investment climate literature. Section 2 describes the available datasets and surveys the key findings of the empirical literature, first macroeconomic and then microeconomic studies. Particular attention is paid to the robustness of the reported results. Section 3 highlights important econometric issues common to this literature and suggests a research agenda and possible improvements in survey design. "--World Bank web site
    Note: Includes bibliographical references. - Title from PDF file as viewed on 5/8/2009 , Erscheinungsjahr in Vorlageform:[2008]
    Additional Edition: Reproduktion von Dethier, Jean-Jacques, 1952- Explaining enterprise performance in developing countries with business climate survey data 2008
    Language: English
    URL: Volltext
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  • 9
    Online Resource
    Online Resource
    Do Regulation And Institutional Design Matter For Infrastructure Sector Performance ? (2007)
    Washington, D.C : The World Bank
    Details
    UID:
    b3kat_BV040618982
    Format: 1 Online-Ressource (1 online resource (56 p.))
    Edition: Online-Ausgabe World Bank E-Library Archive Sonstige Standardnummer des Gesamttitels: 041181-4
    Content: This paper evaluates the impact of economic regulation on infrastructure sector outcomes. It tests the impact of regulation from three different angles: aligning costs with tariffs and firm profitability; reducing opportunistic renegotiation; and measuring the effects on productivity, quality of service, coverage, and prices. The analysis uses an extensive data set of about 1,000 infrastructure concessions granted in Latin America from the late 1980s to the early 2000s. The analysis finds that as the theory indicates, regulation matters. The empirical work here reported shows that in three relevant economic aspects-aligning costs and tariffs; dissuading renegotiations; and improving productivity, quality of service, coverage, and tariffs-the structure, institutions, and procedures of regulation matter. Thus, significant efforts should continue to be made to improve the structure, quality, and institutionality of regulation. Regulation matters for protecting both consumers and investors, for aligning closely financial returns and the costs of capital, and for capturing higher levels of benefits from the provision of infrastructure services by the private sector
    Note: Weitere Ausgabe: Andres, Luis ---〉 Do: Regulation And Institutional Design Matter For Infrastructure Sector Performance ?
    Additional Edition: Reproduktion von Andrés, Luis Do Regulation And Institutional Design Matter For Infrastructure Sector Performance ? 2007
    Language: English
    URL: Volltext
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  • 10
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    Online Resource
    Firms operating under infrastructure and credit constraints in developing countries : the case of power generators (2010)
    Washington, D.C : The World Bank
    Details
    UID:
    b3kat_BV048264940
    Format: 1 Online-Ressource (27 p)
    Content: Many developing countries are unable to provide their industrial sector with reliable power and many enterprises have to contend with electricity that is insufficient and of poor quality. Because of these constraints, firms in developing countries opt for self-generation even though it is widely considered a second best solution. This paper develops a theoretical model of investment behavior in remedial infrastructure when physical and credit constraints are present. It then tests econometrically some implications from this model using a large sample of enterprises from 87 countries from the World Bank Enterprise Survey Database. After showing that these constraints interact and have non-linear effects depending on the industrial sector's degree of reliance on electricity and size of firms, the paper draws differentiated policy recommendations. Credit constraints appear to be the priority in sectors very reliant on electricity to spur entry and convergence to the technological frontier, while in other sectors, firms would benefit more widely from marginal improvements in electrical supply
    Additional Edition: Alby, Philippe Firms operating under infrastructure and credit constraints in developing countries
    Language: English
    DOI: 10.1596/1813-9450-5497
    URL: Volltext  (kostenfrei)
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