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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.
Efficiency of Infrastructure --- Externalities --- Infrastructure Development --- Infrastructure Investment --- Railroad --- Road --- Road Quality --- Sanitation --- Transport --- Transport Data --- Transport Economics, Policy and Planning
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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.
Efficiency of Infrastructure --- Externalities --- Infrastructure Development --- Infrastructure Investment --- Railroad --- Road --- Road Quality --- Sanitation --- Transport --- Transport Data --- Transport Economics, Policy and Planning
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The authors present a new database of minimum distance road routes connecting 138 cities in 27 countries across Europe and Central Asia. They use it to show that improved road network quality is robustly associated with higher intraregional trade flows. Gravity model simulations suggest that an ambitious but feasible road upgrade could increase trade by 50 percent over baseline, exceeding the expected gains from tariff reductions or trade facilitation programs of comparable scope. Cross-country spillovers due to overland transit are important: total intraregional trade could be increased by 30 percent by upgrading roads in just three countries-Albania, Hungary, and Romania.
Bottlenecks --- Costs --- High Transport --- Initiatives --- Investments --- Road --- Road Improvement --- Road Infrastructure --- Road Network --- Road Quality --- Road Transport --- Roads --- Route --- Routes --- Trans Transit Routes --- Transport --- Transport Costs --- Transport Data --- Transport Economics, Policy and Planning --- Travel --- True
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The authors present a new database of minimum distance road routes connecting 138 cities in 27 countries across Europe and Central Asia. They use it to show that improved road network quality is robustly associated with higher intraregional trade flows. Gravity model simulations suggest that an ambitious but feasible road upgrade could increase trade by 50 percent over baseline, exceeding the expected gains from tariff reductions or trade facilitation programs of comparable scope. Cross-country spillovers due to overland transit are important: total intraregional trade could be increased by 30 percent by upgrading roads in just three countries-Albania, Hungary, and Romania.
Bottlenecks --- Costs --- High Transport --- Initiatives --- Investments --- Road --- Road Improvement --- Road Infrastructure --- Road Network --- Road Quality --- Road Transport --- Roads --- Route --- Routes --- Trans Transit Routes --- Transport --- Transport Costs --- Transport Data --- Transport Economics, Policy and Planning --- Travel --- True
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The authors present an infrastructure database that was assembled from multiple sources. Its main purposes are: (1) to provide a snapshot of the sector as of the end of 2004; and (2) to facilitate quantitative analytical research on infrastructure. The paper includes definitions, source information, and the most recent data available for 37 performance indicators that proxy access, affordability, and quality of service. Additionally, the database includes a snapshot of 15 reform indicators across infrastructure sectors.
Aircraft --- Cellular Telephones --- Costs --- E-Business --- Energy --- Energy Production and Transportation --- Fuel --- Fuels --- ICT Policy and Strategies --- Information and Communication Technologies --- Infrastructure --- Infrastructure Economics and Finance --- Infrastructure Regulation --- International Transport --- Poverty Monitoring and Analysis --- Poverty Reduction --- Private Sector Development --- Rail --- Railways --- Rebates --- Roads --- Sanitation --- Tax --- Taxes --- Town Water Supply and Sanitation --- Transport --- Transport Costs --- Transport Data --- Transport Economics, Policy and Planning --- Transport Performance Indicators --- Transport Sector --- Water Supply and Sanitation --- Wealth
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