The Growth Return of Infrastructure in Latin America /

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 infrast...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Lanau, Sergi (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2017.
Colección:IMF working paper ; WP/17/35.
Temas:
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
All Countries.
Emerging Markets.
Economic Growth.
Investment.
Infrastructure.
Latin America
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource (21 pages)
ISBN:9781475584400
1475584407
1475578954
9781475578959
ISSN:1018-5941 ;

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