Resilient Infrastructure for Thriving Firms : A Review of The Evidence
This review examines the literature on the role of infrastructure in determining the productivity and competitiveness of firms. It shows that the existing evidence base is clear in concluding that reliable and high-quality infrastructure is a cruci...
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| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/470131560793126612/Resilient-Infrastructure-for-Thriving-Firms-A-Review-of-The-Evidence http://hdl.handle.net/10986/31915 |
| Summary: | This review examines the literature on
the role of infrastructure in determining the productivity
and competitiveness of firms. It shows that the existing
evidence base is clear in concluding that reliable and
high-quality infrastructure is a crucial foundation for
enabling businesses to thrive. It demonstrates that the
provision of electricity, transport, water, and
telecommunications systems increases firm-level
productivity. It also shows that providing infrastructure
per se is not enough to boost productivity, unless it offers
reliable service. Disruptions and irregular service have
substantial adverse effects on firms, not least due to
disrupted supply chains, underutilization of production
capacity, and costly adaptation measures. |
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