The Growth Return of Infrastructure in Latin America / by Sergi Lanau.
Material type:![Text](/opac-tmpl/lib/famfamfam/BK.png)
- text
- computer
- online resource
- 9781475584400
- 1475584407
- 1475578954
- 9781475578959
- Public investments -- Latin America
- Fiscal policy -- Latin America
- Monetary policy -- Latin America
- Investissements publics -- Amérique latine
- Politique fiscale -- Amérique latine
- Politique monétaire -- Amérique latine
- BUSINESS & ECONOMICS -- Economics -- General
- BUSINESS & ECONOMICS -- Reference
- Fiscal policy
- Monetary policy
- Public investments
- Latin America
- All Countries
- Emerging Markets
- Economic Growth
- Investment
- Infrastructure
- 330.98 23
- HC125
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OPJGU Sonepat- Campus | E-Books EBSCO | Available |
Print version record.
Cover; Contents; Abstract; I. Introduction; II. Empirical Strategy and Data; A. Quality of Infrastructure: Empirical Strategy; B. Quantity of Infrastructure: Empirical Strategy; C. Measuring Sectoral Growth and Dependence on Infrastructure; D. Infrastructure Data; III. Results; A. Baseline; B. Robustness; IV. Firm-level Investment; A. Specification; B. Data; C. Results; D. Robustness; V. Conclusions; Figures; 1. Potential Growth in LAC5; 2. Quality of Infrastructure in LAC5 (2015); 3. Colombia-Dependence on Infrastructure; 4. Impact of Quality of Roads on Growth in LAC.
5. Impact of Quantity of Infrastructure on Growth in LAC6. Quality of Infrastructure in LAC According to the LPI; Tables; 1. Summary Statistics; 2. Effect of Quality of Infrastructure on Sectoral Growth; 3. Effect of Quantity of Infrastructure on Sectoral Growth; 4. Robustness-Effect of Quality of Infrastructure on Sectoral Growth; 5. Countries in the Firm-Level Dataset; 6. Investment Regressions-Summary Statistics; 7. Effect of Quality of Infrastructure on Firm-Level Investment; 8. Effect of Quality of Infrastructure on Firm-Level Investment in Emerging Markets.
9. Robustness-Effect of Quality of Infrastructure on Firm-Level Investment10. Robustness-Effect of Quality of Infrastructure on Firm-Level Investmen Using the LPI; References.
This paper examines the effects of improvements in infrastrucutre on sectoral growth and firm-level investment, focusing on six Latin American countries. Exploiting the heterogeneity in the quality of infrastructure across countries and the intrinsic variation in the dependence of sectors on infrastructure, I find that better infrastructure raises growth and investment. Improved infrastructure could yield large economic benefits. For example, if the quality of infrastructure in Colombia increased to the sample median (Czech Republic), GDP growth would increase by about 0.1 percentage points.
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