Public Infrastructure and Growth: New Channels and Policy Implications
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,...
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Language: | English en_US |
Published: |
World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2006/11/7188045/public-infrastructure-growth-new-channels-policy-implications http://hdl.handle.net/10986/8880 |