题名: |
Public Infrastructure and Growth: New Channels and Policy Implications |
责任者: |
Agénor, Pierre-Richard<=>Moreno-Dodson, Blanca |
关键词: |
Health Monitoring and Evaluation;Economic Theory and Research;Transport Economics Policy and Planning;Public Sector Economics and Finance;Infrastructure Economics and Finance;Private Participation in Infrastructure;Transport;Macroeconomics and Economic Growth;Health, Nutrition and Population;Public Sector Development |
学科分类: |
交通运输规划与管理 |
摘要: |
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. |
出版机构: |
World Bank |
报告类型: |
咨询报告 |
详细地址: |
http://documents.worldbank.org/curated/en/2006/11/7188045/public-infrastructure-growth-new-channels-policy-implications |
资源类型: |
科技(咨询、行业)报告 |
初始创建时间: |
2006-11 |
最新修改时间: |
2017-12-14T05:09:37Z |