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221013 ||| eng |
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|a Straub, Stephane
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|a Infrastructure And Growth In Developing Countries
|h Elektronische Ressource
|b Recent Advances And Research Challenges
|c Straub, Stephane
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|a Washington, D.C
|b The World Bank
|c 2008
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| 300 |
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|a 54 p.
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| 653 |
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|a Externalities
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| 653 |
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|a Efficiency Of Infrastructure
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| 653 |
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|a Road Quality
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| 653 |
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|a Infrastructure Investment
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| 653 |
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|a Railroad
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| 653 |
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|a Transport Economics, Policy and Planning
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| 653 |
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|a Sanitation
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| 653 |
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|a Infrastructure Development
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| 653 |
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|a Transport Data
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| 653 |
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|a Transport
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| 653 |
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|a Road
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|a Straub, Stephane
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|a eng
|2 ISO 639-2
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|b WOBA
|a World Bank E-Library Archive
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|u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4460
|x Verlag
|3 Volltext
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|a 330
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|a 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
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