Infrastructure and Development : A Critical Appraisal of the Macro Level Literature

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dc.creatorStraub, Stéphane
dc.date2012-05-29T14:12:21Z
dc.date2012-05-29T14:12:21Z
dc.date2008-04
dc.date.accessioned2026-07-01T01:15:39Z
dc.descriptionThis 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.
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dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2008/04/9354757/infrastructure-development-critical-appraisal-macro-level-literature
dc.identifierhttps://hdl.handle.net/10986/6517
dc.identifierhttps://doi.org/10.1596/1813-9450-4590
dc.identifier.urihttp://hdl.handle.net/123456789/416522
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper; No. 4590
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectACCOUNTING FRAMEWORK
dc.subjectADB
dc.subjectADVERSE SELECTION
dc.subjectAGRICULTURE
dc.subjectAIRPORTS
dc.subjectALLOCATION
dc.subjectAUTOMOBILE
dc.subjectBOTTLENECKS
dc.subjectBUREAUCRACY
dc.subjectBUSINESS CYCLES
dc.subjectCAPITAL EXPENDITURES
dc.subjectCAPITAL INVESTMENT
dc.subjectCENTRAL BANK
dc.subjectCOLLUSION
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCOST OF CAPITAL
dc.subjectCURRENT EXPENDITURES
dc.subjectDEFICITS
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICIES
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMETRICS
dc.subjectECONOMIC EFFICIENCY
dc.subjectECONOMIC GEOGRAPHY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC HISTORY
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC THEORY
dc.subjectECONOMICS
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITIES
dc.subjectELASTICITY
dc.subjectELECTRICITY SERVICES
dc.subjectEMPLOYMENT
dc.subjectEXTERNALITIES
dc.subjectFINANCE INFRASTRUCTURE
dc.subjectFISCAL POLICY
dc.subjectFUTURE RESEARCH
dc.subjectGDP
dc.subjectGOVERNMENT EXPENDITURES
dc.subjectGROWTH RATE
dc.subjectGROWTH THEORY
dc.subjectHIGHWAY
dc.subjectHIGHWAY NETWORK
dc.subjectHIGHWAYS
dc.subjectHUMAN CAPITAL
dc.subjectINCOME
dc.subjectINCOME DISTRIBUTION
dc.subjectINCREASING RETURNS
dc.subjectINDUSTRIAL ECONOMICS
dc.subjectINEFFICIENCY
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINFRASTRUCTURE PROJECTS
dc.subjectINSURANCE
dc.subjectINSURANCE MARKETS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTORIES
dc.subjectINVENTORY
dc.subjectINVESTMENT BANK
dc.subjectINVESTMENT IN ROADS
dc.subjectLATIN AMERICAN
dc.subjectLAWS
dc.subjectLDCS
dc.subjectMARGINAL BENEFITS
dc.subjectMARGINAL COSTS
dc.subjectMARGINAL PRODUCT
dc.subjectMARGINAL PRODUCTIVITY
dc.subjectMIDDLE EAST
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectMORAL HAZARD
dc.subjectNATURAL MONOPOLIES
dc.subjectNETWORK EXTERNALITIES
dc.subjectNETWORK EXTERNALITY
dc.subjectNORTH AFRICA
dc.subjectOWNERSHIP STRUCTURE
dc.subjectPER CAPITA INCOME
dc.subjectPOLITICAL ECONOMY
dc.subjectPOSITIVE EFFECTS
dc.subjectPRIVATE OWNERSHIP
dc.subjectPRIVATE SECTOR
dc.subjectPRIVATIZATION
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC GOOD
dc.subjectPUBLIC GOODS
dc.subjectPUBLIC POLICY
dc.subjectRAILROADS
dc.subjectREGULATORY FRAMEWORK
dc.subjectRETURN ON INVESTMENT
dc.subjectROAD
dc.subjectROAD INFRASTRUCTURE
dc.subjectROAD INVESTMENT
dc.subjectROADS
dc.subjectSANITATION
dc.subjectSAVINGS
dc.subjectSOUTH AMERICA
dc.subjectSPECIALIZATION
dc.subjectSTOCKS
dc.subjectSUB-SAHARAN AFRICA
dc.subjectTELECOMMUNICATIONS
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRAFFIC
dc.subjectTRAFFIC CONGESTION
dc.subjectTRANSPORT
dc.subjectTRANSPORT COSTS
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRUE
dc.subjectUTILITY FUNCTION
dc.subjectVEHICLE
dc.subjectVEHICLE MANUFACTURERS
dc.subjectVETO
dc.subjectWAGES
dc.titleInfrastructure and Development : A Critical Appraisal of the Macro Level Literature

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