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1
Bird, Julia. "Essays on the Economics of Infrastructure and Public Investment". Thesis, Toulouse 1, 2015. http://www.theses.fr/2015TOU10054.
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Dans cette thèse, je présente trois essais qui traitent de diverses questions liées aux investissements publics. Tout d'abord, dans le premier chapitre, est examiné l'impact des politiques de Partenariats Publics-Privés. Les gouvernements et organisations internationales promeuvent souvent les Partenariats Publics-Privés comme moyen de limiter les investissements en infrastructure entrepris à des fins électorales. Utilisant un modèle théorique simple, je montre que cet avantage des Partenariats Publics-Privés n’est pas, en fait, vérifié. Trois types de contrats de Partenariat Public-Privé potentiels sont présentés et les problématiques liées à chaque type de contrat sont mis en évidence. Dans le deuxième chapitre, un travail en collaboration avec Margaret Leighton (TSE), j'examine les transferts intergouvernementaux au Brésil et me demande si ceux-ci conduisent à une augmentation des dépenses gouvernementales locales ou au contraire s’ils les évincent. J'utilise une variation exogène du niveau des transferts qu'une municipalité reçoit pour prouver que, contrairement à la théorie de l’évincement des dépenses locales, le gouvernement local augmente les recettes fiscales suite à une augmentation des transferts et déclenche à son tour des dépenses locales, et en particulier des dépenses d’investissement. Cet effet varie selon la richesse de la municipalité, les municipalités les plus pauvres augmentant notamment leurs dépenses sociales, mais pas selon le pouvoir politique de l'administration municipale locale. Je constate également qu'une augmentation des dépenses locales due aux transferts a des effets directs sur les ressources éducatives, indiquant que l'argent reçu par l'intermédiaire de ce canal n’est pas dépensé inefficacement.Enfin, dans le troisième chapitre, laissant de côté les décisions politiques inhérentes au processus de provision d'infrastructures, j'examine les résultats d'un tel investissement. En collaboration avec Stéphane Straub (TSE), nous utilisons une expérience naturelle, la construction d'une nouvelle capitale au Brésil, Brasilia, et la construction ultérieure d'autoroutes radiales qui la connectent à des villes importantes préexistantes, pour montrer que la construction d'autoroutes a un impact substantiel sur le PIB et les populations. Ces effets sont hétérogènes ; selon que la municipalité nouvellement raccordée se connecte à une ville industrialisée, plus riche, bien desservie, ou à uneville plus pauvre et moins développée, les effets sont différents. Dans le nord, de nouvelles autoroutes conduisent à une augmentation du PIB et de la population des municipalités près de l'autoroute, parce que ces zones accèdent à des marchés plus vastes et deviennent des centres secondaires de l'activité économique. Dans le sud, cependant, pour les municipalités à quelques centaines de kilomètres de leur capitale d'Etat, une nouvelle connexion réduit le PIB et la population, car l'activité économique se déplace vers les grandes agglomérations préexistantesIn this thesis, I provide three essays which address various issues related public investment. Firstly, in chapter one, I look at the impact of politics on the use of Public-Private Partnerships. I use a simple theoretical model to show that while international organisations and governments globally often promote Public-Private Partnerships as a means to limit pork barrel politics in infrastructure investments, this assumed advantage of Public-Private Partnerships does not in fact exist. I discuss different types of potential Public-Private Partnership contracts, and show in turn the issues with each of these contract types. In the second chapter, joint work with Margaret Leighton (TSE) I examine intergovernmental transfers in Brazil, and whether these lead to increases in local level government spending or whether they crowd-out local expenditures. I use exogenous variation in the level of transfer a municipality receives to find that as opposed to the theory of crowding-out, increased transfers actually lead to crowding in; the local government increases tax revenues following an increase in transfers, and in turn raises spending, particularly capital spending. This effect varies according to the wealth of the municipality, with poorer municipalities increasing particularly their social spending, however it notably does not vary according to the political power of the local municipal government. I also observe that increased local spending through transfers has direct effects on local outcomes, indicating that money received through this channel is not lost to inefficiencies in spending. This is documented in educational spending and resultant outcomes. Finally in chapter three, leaving the political decisions involved in infrastructure provision aside, I examine the outcomes of such investment. In joint work with Stéphane Straub (TSE), we use a natural experiment, the building of a new capital in Brazil, Brasília, and the subsequent construction of radial highways to connect it to pre-existing important towns, to show that the building of highways has substantial impacts on GDP and populations. These effects are heterogeneous, and in Brazil the effects vary according to whether the newly connected municipality connects to an industrialised, richer, well-serviced city, or a poorer, less developed city. In the North, new highway connections lead to increased GDP and populations for municipalities near the highway, as these areas gain access to wider markets and become secondary centres of economic activity. In theSouth, however, for municipalities within a few hundred kilometres of their state capital, a new highway connection leads to reduced GDP and population, as economic activity appears to shift towards the major pre-existing agglomerations. These centres are large and developed enough to have substantial economic activity and widespread provision of local services
2
Brodehser, Peter. "Quo Vadis Infrastructure Financing?" Universität Potsdam, 2013. http://opus.kobv.de/ubp/volltexte/2013/6873/.
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1. Introduction
2. The project finance market in 2006/2007
3. Areas affected by the global financial crisis
4. Areas affected by the euro financial crisis
5. Basel III and the consequences for infrastructure financing
6. Outlook – Where do we go from here?
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Sheard, Nicholas. "Regional Economics, Trade, and Transport Infrastructure". Doctoral thesis, Stockholms universitet, Nationalekonomiska institutionen, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:su:diva-78515.
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“Regional Policy in a Multiregional Setting: When the Poorest are Hurt by Subsidies” Regional subsidies have a positive short-term effect on the recipient regions, but as they alter migration patterns the long-term effects are less clear. This paper demonstrates using a three-region general equilibrium model that subsidising the poorest region may be to its detriment in the long term and thereby increase inter-regional inequality, if the subsidy draws firms from a nearby region that would function better as a production centre. The result has important implications for the design of regional policies, which are often applied simply according to per-capita incomes. “Learning to Export and the Timing of Entry to Export Markets” Standard trade models are essentially static and do not explain why entry to export markets would be delayed after the instant a firm is formed. This paper proposes a model that endogenously generates the timing of entry to new markets through a learning mechanism. Firms in the model gain experience by entering markets, which eases entry to subsequent markets. The mechanism motivates delays in entry to some markets. More productive firms are less sensitive to the learning effect and thus enter markets sooner and begin by exporting to larger markets. These predictions are confirmed using Swedish firm-level data. “Airports and the Production of Goods and Services” This paper estimates the effects of airport infrastructure on local employment in certain sectors, using data from the United States. Airport sizes are instrumented for using the 1944 National Airport Plan of the Civil Aeronautics Administration. Airport size is found to have a positive effect on local employment in tradable services, with an elasticity of approximately 0.1, and a negative effect on manufacturing. There is no measurable effect on non-tradable services. The results are relevant to the evaluation of airport improvement projects, which are often carried out using public funds.
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Lukens, Jonathan. "DIY infrastructure". Diss., Georgia Institute of Technology, 2013. http://hdl.handle.net/1853/47634.
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This document investigates a set of projects I call DIY Infrastructure, in which designers are building alternative infrastructural systems. Through these projects, new actors-often non-experts-reveal and re-imagine long-established social and technological relationships which were previously off limits to them. These projects are significant to the study of design and digital media for the following reasons:
First, they detail a new area of design. The designers of DIY infrastructure present an expansion of the scope of design coupled with a nuanced and almost paradoxical understanding of infrastructure as an intractable and exceedingly complex problem. At the same time, their work reveals the extensive social and political effects of existing design decisions-the far-reaching consequences of the design decisions which formed existing infrastructure. These decisions are in play across a variety of scales of time and space, affecting individual bodies as much as continental ecosystems, and shaping personal behavior as much as global commerce and trade.
Second, they expand the scope of digital media studies. Digital media studies often overlook infrastructure, in spite of their interdependence. Digital media are involved in areas including the control and monitoring of the electrical system, the treatment and movement of water and sewage, and the routing of freight through intermodal shipping systems. The study of DIY infrastructure design, and infrastructure more broadly, exposes the role of digital media in shaping these overlooked aspects of modern life. There is an invisible relationship between digital media, infrastructure, and political authority, and it includes the interdependence of infrastructure and the contingent nature of our ongoing reliance on these complex sociotechnical systems.
For example, Cloacina is the project of two activists developing a new municipal waste disposal system in which a decentralized networked system significantly lessens the amount of water used in processing human waste. Another project, Feral Trade Courier, employs the sort of shipping database we might associate with FedEx or UPS to facilitate an alternative shipping infrastructure, in which volunteers transport goods in an ad hoc freight network.
I begin by surveying and defining DIY practice, delineating the properties of infrastructure, and determining the ways that those properties and practices can be augmented or diminished by the affordances of digital media. Next, I review the attributes that these DIY infrastructure projects share before revealing their significance through in-depth case studies. Finally, each of these case studies highlights a particular lesson from DIY infrastructure. Feral Trade Courier exposes the role of the social and the subjective in the design of logistics systems. Village Telco and Fluid Nexus show us that the relationship between established infrastructure and DIY infrastructure can be both complementary and antagonistic. Cloacina provides us an example of a way that DIY infrastructure might scale up and effect lasting sociotechnical change.
Whether motivated to reveal or overcome dependence on infrastructure, address flaws in its design, or correct externalities generated by its use, new designers have begun to engage with the problem of infrastructure in new ways. This document analyzes these design projects through a series of case studies, synthesizing a new perspective on the study of infrastructure through design and on the scope of digital media research along the way.
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Mti, Sehlule Nontutuzelo. "Aid, infrastructure and growth". Master's thesis, University of Cape Town, 2011. http://hdl.handle.net/11427/10960.
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In their seminal paper, Burnside and Dollar (2000) introduced the interactive term aid*policy into growth equations. Most studies up until then had merely added aid as a variable on its own with GDP growth as the dependent variable in order to check aid effectiveness.
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Wangmo, Phuntsho. "Education, infrastructure, and income performance in Arkansas". To access this resource online via ProQuest Dissertations and Theses @ UTEP, 2009. http://0-proquest.umi.com.lib.utep.edu/login?COPT=REJTPTU0YmImSU5UPTAmVkVSPTI=&clientId=2515.
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Adams, Glenn W. "Financing infrastructure a financial nightmare for smaller municipalities /". Instructions for remote access. Click here to access this electronic resource. Access available to Kutztown University faculty, staff, and students only, 1995. http://www.kutztown.edu/library/services/remote_access.asp.
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Thesis (M.P.A.)--Kutztown University of Pennsylvania, 1995.Source: Masters Abstracts International, Volume: 45-06, page: 2928. Abstract precedes thesis as [2] preliminary leaves. Typescript. Includes bibliographical references (leaves 106-108).
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Lok, Sau-lan Rita. "Infrastructure and project finance in Asia /". Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B19876750.
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Rockler, Nicolas O. "Regional economic performance and public infrastructure investment". Thesis, Massachusetts Institute of Technology, 2000. http://hdl.handle.net/1721.1/69757.
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Thesis (Ph.D.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2000."February 2000."
Includes bibliographical references.
Three studies were conducted to analyze the relationship between public infrastructure investment and regional economic performance. The first study examines the literature on economic development and productivity growth. I show that conflicting results from studies by other analysts are the likely result of poor public capital data spanning to short an interval, and an inadequate modeling framework. Public investment may generate small improvements in productivity, but models understate economic impacts owing to the public goods character of some forms of public capital. The second study explores the relationship between economic distress and public infrastructure investment. I use a sample of U.S. counties to analyze public investment according to level of economic distress. With simple investment models, I estimated infrastructure needs for counties with apparent shortfalls. I analyzed the needs-estimates in a series of case studies in which jurisdiction planning and budget personnel were consulted about the accuracy of the estimates. I show that short-run economic distress is not to be linked to public infrastructure investment. Over the long-run, investment varies by level of distress, but as a consequence of private residential investment. The needs-estimating models were reasonably accurate, but missing investment data proved troublesome. Counties proved to be a poor unit of analysis for infrastructure needs, as since significant variation was observed among jurisdictions within counties. The third study demonstrates the need for better estimates of public infrastructure capital stock. I prepared new capital stock estimates for two regions using local investment data and survey-based public capital service lives. I surveyed one thousand jurisdictions in the New England region and the state of Texas. Survey-based service-lives seem to differ significantly from estimated lives. Stock estimates using local investment data and survey-based service-lives produce dramatic differences compared to estimated stocks at the state and regional level. The new data, however, performed just as poorly as other series when used to estimate aggregate production functions. Prior analysts' understanding the relationship between economic performance and public infrastructure investment has been limited because of poor data, and inadequate appreciation of infrastructure's inherent complexity. The research presented here demonstrates that significant improvements are possible and worth undertaking.
by Nicholas O. Rockler.
Ph.D.
10
Wyatt, Andrew B. "Infrastructure Development and BOOT in Laos and Vietnam: A Case Study of Collective Action and Risk in Transitional Developing Economies". Thesis, The University of Sydney, 2004. https://hdl.handle.net/2123/27998.
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Within the fast growing Greater Mekong Subregion, the Communist controlled, formerly centrally planned economies of Laos and Vietnam are in the process of making their transition to globally and regionally integrated socialist-oriented market economies. The imperative of fast-track economic growth is a high-level national interest. In both countries, the need for economic infrastructure to underpin this economic growth is acute, with demand for public goods such as power generation, roads, and water treatment going unmet. The dilemma in
both countries is how to fund and construct such costly infrastructure in an environment of chronic budget deficits and escalating foreign debt.
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Sauer, Johannes. "The economics and efficiency of water supply infrastructure". Berlin Logos-Verl, 2005. http://deposit.ddb.de/cgi-bin/dokserv?id=2748306&prov=M&dok_var=1&dok_ext=htm.
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Bertomeu, Salvador. "Essays on the economics, politics and finance of infrastructure". Doctoral thesis, Universite Libre de Bruxelles, 2021. http://hdl.handle.net/2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/316958.
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The main idea of this thesis is to study three different issues, economic, political, or financial, related to three different public infrastructure sectors, transport, water and sewerage, and electricity, by using three different methodological approaches. In the first chapter, I make creative use of a non-parametric technique traditionally used to measure the relative efficiency of a set of similar firms, data envelopment analysis, to identify the most likely objective, economic vs. political, behind a specific policy. In the second chapter I empirically investigate the effects of the increasing private financial ownership of the water and sewerage utilities in England and Wales on key outcome variables such as leverage levels and consumer bills. Finally, in the third chapter, I evaluate an equity-aimed policy introduced in the electricity sector in Spain in 2009 by measuring the effect of its introduction on the probability of a household of being energy poor.Chapter One – Unbundling political and economic rationality: a non-parametric approach tested on transport infrastructure in SpainThis paper suggests a simple quantitative method to assess the extent to which public investment decisions are dominated by political or economic motivations. The true motivation can be identified by modeling each policy goal as the focus of the optimization anchoring a data envelopment analysis of the efficiency of the observed implementation. In other words, we rank performance based on how far observed behavior is under each possible goal, and the goal for which the distance is smaller reveals the specific motivation of the investment or any policy decision for that matter. Traditionally, data envelopment analysis is used to measure the relative efficiency of a set of firms having a similar productive structure. In this case, each firm corresponds to a different policy year, the policy being the determinant of the investment made.The approach is tested on Spain’s land transport infrastructure policy since it is argued by many observers to be driven more by political than economic concerns, resulting in a mismatch between capacity investment and traffic demand. History has shown that when the source of financing has been private, the network has been developed in areas with high demand, i.e. the Northern and Mediterranean corridors. When the source has been public, the network has been developed following a radial pattern, converging from a to Madrid. The method clearly shows that public investments in land transport infrastructure have generally been more consistent with a political objective – the centralization of economic power – than with an economic objective – maximizing mobility –.Chapter Two – On the effects of the private financial ownership of regulated utilities: lessons from the UK water sectorThis paper analyzes the quantitative impact of the growing role of non-traditional financial actors in the financing structure and consumer pricing of regulated private utilities. The focus is on the water sector in England and Wales, where the effect of the firms’ corporate financing and ownership strategies on key outcome variables may have been underestimated. The sector was privatized in 1989, year in which the 10 regional monopolies became 10 water and sewerage companies, listed and publicly traded on UK Stock Exchanges. Since then, six of the ten have been de-listed, bought-out by private equity – investment and infrastructure funds. I make use of this variation in ownership to measure the effect on leverage levels and consumer bills.I develop a theoretical framework allowing me to derive two hypotheses: first, the buyout of a company increases its leverage level, and second, the buyout of a company increases the consumer bill through higher leverage levels. The empirical analysis is based on two sequential steps: a staggered difference-in-differences estimation shows that private equity buyouts increase the leverage levels of water utilities. An instrumental variable and two-stage least squares estimation then show that these higher leverage levels increase the average consumer bills of bought-out utilities more than if they had not been bought-out. The estimated impact of the private equity buyouts in the sector in England and Wales on the annual average consumer bill ranges from 13.5 to 32.6 GBP, for a sample average bill of about 427 GBP.Chapter Three – Understanding the effectiveness of the electricity social rate in reducing energy poverty in SpainThis paper analyzes the causal impact of the introduction of a social subsidy, the bono social de electricidad, in Spain's electricity market in 2009. The measure was introduced following the surge in energy poverty, increasing particularly after the financial crisis. Using data from the family budget survey from 2006 to 2017, we evaluate the social policy in its fight against energy poverty.We proceed in two steps. First, we use a difference-in-differences approach to measure such a causal impact and to analyze how the introduction of the measure directly affected eligible households. We find that the introduction of the subsidy has reduced the likelihood of energy poverty for the eligible households. Therefore, the bono social de electricidad has reached its equity objective of increasing affordability of electricity. The second step aims at understanding how specifically the introduction of the subsidy affects consumers. We find that, in reaction to lower effective prices, households do not increase their consumption of electricity, resulting in lower total electricity expenditure. We are therefore able to show that this policy did not induce a change in the consumption behavior and that the increased affordability entirely resulted in a decrease of expenditure in electricityDoctorat en Sciences économiques et de gestion
info:eu-repo/semantics/nonPublished
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Shweni, Bayathokozisa. "Infrastructure provision and development in Keiskammahoek". Thesis, Nelson Mandela Metropolitan University, 2015. http://hdl.handle.net/10948/4609.
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The aim of this research is to assess what kind of infrastructure provision hinders devel-opment in Keiskammahoek. The objective is to determine whether there is a contribution from government departments and the local development agency and how infra-structure development enhances economic activity in the area. The research findings suggest that the various spheres of government do not co-ordinate well when it comes to planning in the Keiskammahoek area. Funding is there through Municipal Infrastructure Grant Programmes and other funds, but it is not always used. There is potential for this small town to be a tourist destination, but more infra-structure development for this area need to be prioritised. The research findings also suggest that there are capacity issues within the municipality that slow down the implementation of infrastructure plans for Keiskammahoek. Various recommendations and suggestions for further research are made based on the research findings. The study has shown that Keiskammahoek’s infrastructure provision is insufficient to attract investors to stimulate economic growth in the area. The infrastructure funds the municipality can access are underused. The study used qualitative research approach that used purposive sampling through a semi-structured interview as a data collection tool. The researcher was able to get valuable information on informants who have worked with infrastructure programmes in various institutions.
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Tenyane, Katleho, i Denusha Sharma. "Does public infrastructure investment contribute to economic growth in South Africa?" Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Nationalekonomi, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-44437.
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For any developing country, infrastructure is at the core of economic growth and development. South Africa has a modern and well-developed transport infrastructure. The air and rail networks are the largest on the continent, and roads in good condition. To this degree of quality and quantity the purpose of this paper is to investigate whether or not public infrastructure investment contributes to economic growth, which is denoted as GDP per capita in this paper. The period of research is from 1960-2017. The Granger Causality method is applied, to find if a causal relationship exists between these two variables. Additionally, a log-log n OLS name of regression regression will beis run to see how variables, other than public infrastructure investment, affect GDP per capita. The endogenous growth theory is used as the main theory, in order to capture the essence of how the government endogenously affects output per capita in an economy. Findings reveal that there is a unidirectional relationship between public infrastructure investment and economic growth in South Africa. The direction of the causal relationship runs from public infrastructure investment to GDP per capita. Additionally, the infrastructure investment is found to be significant in the logged regression. run. Which could impliesy that it affects economic growth. For further interest, a dummy variable was added in the regression to check whether the structural break in 1994 in South Africa has significantaffects the interpretation of the results. changes in interpretation of results.This yielded in no significant changes in the results for infrastructure investment and GDP per capita. (structural break and more important findings) (variables?) (what organisations can use these findings forFurther, Oorganisations and policy makers can use this paper as an indicator of how infrastructure investment plays a role in an economy, especially in developing countries.
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駱秀蘭 i Sau-lan Rita Lok. "Infrastructure and project finance in Asia". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1998. http://hub.hku.hk/bib/B31269102.
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Gökçen, Tankut Serim Erkal. "Influence of urban geometry on public investment cost of urban technical infrastructure:a case study of sewer system in Aydın, Turkey/". [s.l.]: [s.n.], 2005. http://library.iyte.edu.tr/tezlerengelli/doktora/sehirplanlama/T000359.pdf.
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Thesis (Doctoral)--İzmir Institute Of Technology, İzmir, 2005.Keywords:Infrastructure, city form, sustainable development, sewerage systems, geographical information systems. Includes bibliographical references (leaves. 164-174).
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Cheng, Kin-man Raymond. "Infrastructure development in Southern China : environment and strategy /". [Hong Kong : University of Hong Kong], 1994. http://sunzi.lib.hku.hk/hkuto/record.jsp?B13787792.
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Firth, John S. (John Stockmann). "Essays on infrastructure, trade, and politics in Developing Countries". Thesis, Massachusetts Institute of Technology, 2018. http://hdl.handle.net/1721.1/117809.
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Thesis: Ph. D., Massachusetts Institute of Technology, Department of Economics, 2018.This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.
Cataloged student-submitted from PDF version of thesis.
Includes bibliographical references (pages 187-194).
This thesis comprises three essays in empirical development economics. Broadly, the essays provide causal evidence on the effects of various barriers to trade, associated with infrastructure, law, and politics. Chapter 1 begins from the observation that transportation networks worldwide suffer from heavy congestion. To measure this congestion's effect on the production side of the economy, I combine firm survey data with traffic data from Indian Railways. Geographic variation in congestion comes from a recent wave of passenger trains which were planned according to certain rigid rules, making it possible to identify the costs the additional traffic imposes on firms using the railways to ship goods. In estimating this "congestion externality", the empirical strategy accounts for both direct and spillover effects of congestion. It also draws on a traffic model from operations research to disentangle a mean effect (congestion makes the average shipment slower) from a variance effect (congestion makes shipping times less predictable). In response especially to the unpredictability, firms simplify operations in several ways, leading to lower productivity and substantial revenue loss. While affected firms suffer, however, I draw on a general equilibrium model of competition to identify gains to their competitors. Policy implications of these results concern both the management of traffic on existing infrastructure, and the construction of new infrastructure. Chapter 2 (coauthored with Ernest Liu) provides a long-run perspective on the effects of trade costs on the geography of production. We consider India's Freight Equalization Scheme (FES), which aimed to promote even industrial development by subsidizing long-distance transport of key inputs such as iron and steel. Many observers speculate that FES actually exacerbated inequality by allowing rich manufacturing centers on the coast to cheaply source raw materials from poor eastern regions. We exploit state-by-industry variation in the effects of FES on input costs, in order to show how it affected the geography of production. We find, first, that over the long-run FES contributed to the decline of industry in eastern India, pushing iron and steel using industries toward more prosperous states. This effect sinks in gradually, however, with the time needed to construct new plants serving as a friction to industry relocation. Finally, we test for the stickiness of these effects, by studying the repeal of FES. Contrary to popular opinions of the policy and to agglomeration-based reasons for hypothesizing stickiness, we find that the effects of repealing FES are equal and opposite to those of its implementation. Still, due to changing locations of the processing of basic iron and steel materials, the resource-rich states suffering under FES never fully recover. Chapter 3 contributes to the debate on laws against foreign bribery. When governments pass laws to prevent their businesspeople from bribing foreign officials, how does this affect patterns of trade and foreign investment? A literature focusing on the OECD Anti-Bribery Convention claims that these laws direct international business toward less corrupt destination countries, with the effect of diverting business away from developing countries. I rebut this claim, using three empirical tests: (i) a baseline test building on previous work but accounting for the omitted role of OECDlevel cooperation trends, (ii) an analysis of an initiative intensifying the Convention's enforcement, and (iii) a test exploiting product-by-destination level variation in pre- Convention exposure to OECD exports. Together, these tests show that the redirection of trade and investment following the passage of the foreign bribery laws was due not to the laws themselves, but to an underlying trend of increased political cooperation among OECD countries, as indicated by patterns in UN voting affinity. This cooperation is what simultaneously led OECD countries to pass measures such as the Convention, and to do more business with other OECD countries, which happen to be less corrupt on average than non-OECD countries.
by John S. Firth.
Ph. D.
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Mweemba, Bruno N. "Risks associated with infrastructure project finance in developing countries: the case of Zambia". Thesis, Nelson Mandela Metropolitan University, 2015. http://hdl.handle.net/10948/6389.
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Since the enactment of the Public Private Partnership (PPP) Act of 2009, there has not been a single successful PPP transaction entered into between the Government of Zambia and any private sector entity under the PPP Act of 2009 (Zambia Development Agency, 2014: 7). According to the Zambia Development Agency (2014:7), 75% of the PPPs that were entered into by the government of Zambia prior to the promulgation of the PPP Act of 2009 were canceled. These include: the Kasumbalesa Border Post, Mpulungu Harbour and Railways Systems of Zambia with an exception of the 65 year concession of the Luburma Market (popularly known as Kamwala Market). These cancellations of PPP concessions coupled with revelations in the Zambian Parliament that concession documentation for the Luburma market which is the only surviving PPP had since gone missing, this led to the research problem statement with an assertion that risks associated with infrastructure project finance are endemic in Zambia. In seeking to explore the validity of this assertion, three research objectives guided the study, namely: assessing Zambia’s general infrastructure project finance and PPP framework in comparison to theoretical normative criteria and selected country experiences; identifying and rating risks through a questionnaire; and proposing an ideal project finance risk management model which can be used as a reference by sponsors in Zambia as they design and structure infrastructure project finance deals. On a scale of 1-5 which was guided by the overal risk score outlined in the study, the average mean score ranking for all the 40 risks under investigation was found to be 3.25 .This indicates that the sentiments among respondents is that risks associated with infrastructure project finance in Zambia are average and not endemic as was affirmed in the problem statement. Despite this ‘comforting’ statistical result, the little progress in terms of earmarked infrastructure PPP deals coupled with deal cancellations as outlined above may be an indication that even the average risks appear to impede on the development of project finance and PPPs in Zambia. There is therefore an urgent need for Government and other relevant stakeholders to begin paying attention to some of the risks discussed in this study especially those with a mean score ranking in excess of 3.50 (high risk). The study in chapter 9 provides recommendations which are grouped under four key headings: addressing the environment for PPPs; providing capacity to procuring entities; paying attention to critical success factors for project development; as well as exploring a variety of possible credit enhancement mechanisms such as guarantees as a way of wooing project investors and improving the bankability of planned infrastructure deals. The Government of Zambia is further advised to avoid using ‘political feasibility “as the core investment criteria in the infrastructure agenda for the country. The study encourages that conventional benchmarks which are a mix of technical soundness, economic viability, environmental and social sustainability, financial/commercial viability as well as market readiness remain the core guiding principle in the project identification process. This will be the only way to avoid developing “white elephants” that may perpetually be a burden to the treasury and tax payers.
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鄭建文 i Kin-man Raymond Cheng. "Infrastructure development in Southern China: environment and strategy". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1994. http://hub.hku.hk/bib/B31265984.
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Martinez, Gonzalez Ariadna. "Three Essays on Mexico’s Rural Farmers, Poverty, and Connective Infrastructure". The Ohio State University, 2018. http://rave.ohiolink.edu/etdc/view?acc_num=osu152544457962469.
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Cubas, Norando German. "Essays on infrastructure, female labor force participation and economic development". Diss., University of Iowa, 2010. https://ir.uiowa.edu/etd/658.
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A central question in economics is why some countries are substantially richer than others. The income per capita of the five richest countries in the world is 30 times the income of the five poorest. It is a fundamental quantitative question for which growth and development economists still have no definite answer. The first chapter of this dissertation contributes to this literature. The chapter offers new evidence on the sources of cross-country income differences by investigating the role public capital in development accounting. I explicitly measure private and public capital stocks, and I find large differences in both types of capital across countries. Moreover, differences in private capital are larger than the ones I find for total capital for the richest and poorest countries. The methodology I use implies a share of public capital in output of at most 10%. My findings indicate that differences in capital stocks can not account for a substantial part of the observed dispersion in income across countries .
Other macroeconomic facts of underdeveloped and developing economies may also explain their low income per capita. These facts may be related to economic policies that could distort the allocation of resources in these economies. In the second chapter of this dissertation I document differences in labor supply between a set of Latin American countries and the U.S. in the period 1990-2005. In the U.S. the female labor force participation was 69% by 1990, while in Brazil and Mexico was 39% and 37%, respectively. Females began to participate more in the labor market of these countries after more households acquired access to basic infrastructure and when distortive policies affecting the price of household appliances were partially removed. I use a model of home production with endogenous labor force participation to account for these facts. I conclude that the price of household appliances and access to infrastructure are quantitatively important in explaining cross-country labor supply differences.
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Zhang, Xueqing, i 張學淸. "Procurement of privately financed infrastructure projects". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2001. http://hub.hku.hk/bib/B31242698.
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Tanellari, Eftila. "Essays on the Economics of Drinking Water Quality and Infrastructure". Diss., Virginia Tech, 2011. http://hdl.handle.net/10919/27769.
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This dissertation consists of three essays that examine consumer behavior with respect to drinking water quality issues. The first essay uses contingent valuation method to explore consumersâ willingness to pay (WTP) for a hypothetical material in home drinking water infrastructure that will remain leak free. Willingness to pay is investigated using both dichotomous choice and dichotomous choice with follow-up formats using a national telephone survey of consumers. Our results indicate that consumersâ concerns about future system failures and income positively affect their WTP for an improved material while satisfaction with the water quality, education and the bid amount asked negatively affect their WTP for an improved material. There are no significant differences in the determinants of WTP between respondents who have experienced problems with home water infrastructure and respondents who have not. Furthermore, the estimated mean WTP does not change significantly between the dichotomous choice questioning format and the dichotomous choice with follow-up format
The second essay investigates the determinants of consumersâ willingness to accept improvement programs for three drinking water issues: water quality, pinhole leaks in home plumbing infrastructure and aging public infrastructure. The research is based on a mail survey of consumers in Northern Virginia and the Maryland suburbs of Washington D.C. The analysis focuses on the relationship between information, risk perceptions and willingness to pay. Results indicate that the choice to support any of the programs is negatively affected by the cost of the proposed improvement. Consumersâ risk perceptions, the external information provided in the survey and whether they read the annual report from their water utility affect their choices for investment in improvement programs.
The third essay examines the effect of risk perceptions about tap water, general risk aversion and consumersâ characteristics on their decision to avert drinking water risks and related expenditures. Results are based on the same survey data from the second study. The risk aversion measure is elicited using the sequence of questions employed in the National Panel Study of Income Dynamics. Results indicate that consumersâ risk perceptions affect both the decision to avert and the amount spent on averting activities. However, we do not find a significant impact of risk aversion on averting behavior. In addition we find that respondents were more likely to use water treatments if they were unsatisfied with their tap water or had problems or concerns with water odor and particles.Ph. D.
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Rivera, Ashley Caron. "Economic development at the Port of Brunswick: an analysis of the impact of infrastructure improvements". Thesis, Georgia Institute of Technology, 2010. http://hdl.handle.net/1853/33964.
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Between 1999 and 2007, a series of infrastructure improvements were completed at the Port of Brunswick, Georgia, in order to increase cargo capacity at the port. This paper looks at the port for indications of economic development generated through this infrastructure investment. Infrastructure improvements impact Georgia's economy by making additional cargo throughput possible through the Port of Brunswick by enabling larger cargo vessels to access the port. Additional cargo traffic generates economic opportunity by creating jobs to handle, move, sell and produce this new cargo volume. This analysis investigates what the infrastructure improvements accomplished in terms of improved port operations, what measurable impact they have had on throughput at the port, and associates these changes with economic gains for the State of Georgia.
Primary research is used to determine exactly what infrastructure projects were undertaken and how each impacted the port in terms of operations, actual new business and potential growth. This data on increased cargo volumes, realized and potential, is translated into statewide economic impact through existing data on how port traffic affects economic indicators such as output, gross state product, income and employment.
The infrastructure improvements created measurable gains at the Port of Brunswick in terms of increased cargo volumes and new business contracts. The effect through the State of Georgia is much greater when economic multipliers are considered.
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Li, Tin-sang. "Build-operate-transfer (BOT) projects for infrastructure development /". Hong Kong : University of Hong Kong, 1996. http://sunzi.lib.hku.hk/hkuto/record.jsp?B18024075.
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Tam, Tak-jee Angela, i 譚得緻. "Privatisation of public infrastructure in Asia". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1999. http://hub.hku.hk/bib/B31952331.
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Igbokwe, Okezie. "The impact of infrastructure investment on real growth in Nigeria". Thesis, Stellenbosch : Stellenbosch University, 2015. http://hdl.handle.net/10019.1/97461.
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Thesis (MDF)--Stellenbosch University, 2015.ENGLISH ABSTRACT: The Nigerian economy has suffered huge infrastructure deficits since her independence in 1960, thereby limiting economic growth potential of the country considerably. This research conducted a Granger causality test between Real Gross Domestic Product, infrastructure investment and productivity across manufacturing, agriculture and industrial sectors in Nigeria for the period 1981 – 2012 using multivariate vector error correction model. The co integration test shows that there is a long run relationship between infrastructure investment and economic growth at both at 1 percent and 5 percent levels of significance. Further, the granger causality test indicated a one way causal relationship between infrastructure investments and economic growth in Nigeria running from infrastructure investment to Real Gross Domestic Product growth. We equally established a one way causality relationship between agriculture sector productivity and gross domestic product growth, a one way causal relationship between manufacturing sector productivity and Real Gross Domestic Product growth and a very significant one way causal relationship that runs from infrastructural investment to agriculture sector productivity, all running from the former to the latter. The economic implication of this is that the existing level of infrastructure investment in Nigeria is a significant contributing factor to growth in the level of rea gross domestic product. However, despite the sustained real gross domestic product growth, the Nigerian government has been unable to translate this growth to physical infrastructure development. We conclude that in order to achieve the double digit economic growth needed for a comprehensive economic transformation of Nigeria, the Nigerian government needs to accord greater priority to infrastructure development, particularly in the agricultural and manufacturing sectors.
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Moghayedi, Alireza. "Modelling uncertainty of cost and time in infrastructure projects". Doctoral thesis, Faculty of Engineering and the Built Environment, 2019. http://hdl.handle.net/11427/31079.
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The construction of infrastructure projects is characterised by cost overruns and time delays. Scholars view that the estimation approach and inappropriate tools and techniques used to forecast possible uncertainty in the construction processes are a primary cause of cost overruns and time delays on construction projects. Uncertainties encountered in the construction process are underestimated and these impact on the final cost and time of construction projects through a combination of individual construction activities. The study, therefore, examines the initial and final cost of construction activities, towards developing a hybrid tool that captures and models’ different sources of uncertainty in infrastructure projects and their effect on cost and time underestimation. The study adopted a sequential exploratory mixed method research approach that went beyond the basic mixed method approaches, employing a combination of sequential and concurrent aspects of mixed methods. Data was gathered through a series of expert panel estimation sessions, technical brainstorming of experienced professionals (with 30 years’ experience and more) in the construction of infrastructure projects, and a structured self-administered questionnaire survey distributed to project managers of South African highway projects. The developed hybrid tool models the main structures from the activity level to the entire highway project. Consequently, three identified uncertainties in the construction process of infrastructures, namely variability in the construction process, correlations between the costs, times and cost-time of construction activities and disruptive events, are modelled jointly at the construction activity level. Data obtained from both qualitative and quantitative approaches were analysed using various techniques. The probability distribution function of cost and time were modelled using the lognormal and triangular probability distributions; while Monte Carlo Simulation (MCS), Copula analysis technique, the Markov processes, and Adaptive Neuro-Fuzzy Inference System (ANFIS) analytical technique were used in modelling the variability of the cost and time activity, correlation between costs, time and cost-time activities, and to model the occurrence of disruptive events, so that the impact size of disruptive events on the cost and time of activities respectively, can be intelligently assessed. The developed uncertainty model was validated against the final cost and time of a project case study, as well as against historical data of construction cost overruns and time delays in infrastructure projects. The study found that the different uncertainties had a distinct influence on construction cost and time of different project structures. Furthermore, the comparison of the deterministic estimates with the uncertainty estimates shows that the accumulated impact of the three uncertainty sources significantly increases the construction cost and time of infrastructure projects. Based on these findings, the research concludes that the disruptive event is the main cause of cost overruns and time delays in infrastructure projects. In the scale of activity, the correlation between the costs of different activities in the same structure causes the largest increase in the cost of activity, while the correlation between the times of repeated activity in the same structure causes the largest increase in time of the activity. Furthermore, the study concludes that the improvement in the accuracy of cost and time estimation of infrastructure projects depends on a combination of probability analysis and intelligent machine learning. The contributions of the study to construction management knowledge include a clear definition of uncertainty and the sources of uncertainties in the construction of infrastructure projects; an in-depth understanding of the construction process of linear infrastructure projects; and an improvement in the quality of data used (combination of experts’ estimation and historical data) for research in the area of project performance. The developed uncertainty model based on three sources of uncertainty at the activity level provides infrastructure project planners with a hybrid dynamic tool to accurately model and predict the construction cost and time of infrastructure projects at any stage of the project. Also, the uncertainty model has three other purposes: it is the preparatory point for allocation of budget, it facilitates the update of the impact of uncertainties and evaluates the effectiveness of countermeasures to mitigate against the threat of uncertainties.
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Gonzalez, Aregall Marta. "Transport Economics and Infrastructure: An Empirical Analysis of the Port Sector". Doctoral thesis, Universitat de Barcelona, 2016. http://hdl.handle.net/10803/386536.
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The present thesis carries out an empirical and economic analysis of the port infrastructure across the evaluation of specific policies. First, the thesis focuses on quantifying the economic impact of the port infrastructure on the industry. Secondly, there measures up the effect of the port competition and his effect on the demand of the traffic. Finally, the thesis focuses on the regulative evaluation of the policies of prices and his relevancy on the traffic and the port income.La presente tesis lleva a cabo un análisis empírico y económico de la infraestructura portuaria a través de la evaluación de políticas específicas. En primer lugar, la tesis se centra en cuantificar el impacto económico de la infraestructura portuaria sobre la industria. En segundo lugar, se mide el efecto de la competencia portuaria y su efecto sobre la demanda del tráfico. Finalmente, la tesis se centra en la evaluación de las políticas regulatoria de precios y su relevancia sobre el tráfico y los ingresos portuarios.
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Graham, Tennille. "Economics of protecting road infrastructure from dryland salinity in Western Australia". University of Western Australia. School of Agricultural and Resource Economics, 2009. http://theses.library.uwa.edu.au/adt-WU2009.0207.
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[Truncated abstract] The salinisation of agricultural land, urban infrastructure and natural habitat is a serious and increasing problem in southern Australia. Government funding has been allocated to the problem to attempt to reduce substantial costs associated with degradation of agricultural and non-agricultural assets. Nevertheless, Government funding has been small relative to the size of the problem and therefore expenditure needs to be carefully targeted to interventions that will achieve the greatest net benefits. For intervention to be justified, the level of salinity resulting from private landholder decisions must exceed the level that is optimal from the point of view of society as a whole, and the costs of government intervention must be less than the benefits gained by society. This study aims to identify situations when government intervention is justified to manage dryland salinity that threatens to affect road infrastructure (a public asset). A key gap in the environmental economics literature is research that considers dryland salinity as a pollution that has off-site impacts on public assets. This research developed two hydrological/economic models to achieve this objective. The first was a simple economic model representing external costs from dryland salinity. This model was used to identify those variables that have the biggest impact on the net-benefits possible from government intervention. The second model was a combined hydro/economic model that represents the external costs from dryland salinity on road infrastructure. The hydrological component of the model applied the method of metamodelling to simplify a complex, simulation model to equations that could be easily included in the economic model. The key variables that have the biggest impact on net-benefits of dryland salinity mitigation were the value of the off-site asset and the time lag before the onset of dryland salinity in the absence of intervention. ... In the case study of dryland salinity management in the Date Creek subcatchment of Western Australia, the economics of vegetation-based and engineering strategies were investigated for road infrastructure. In general, the engineering strategies were more economically beneficial than vegetation-based strategies. In the case-study catchment, the cost of dryland salinity affecting roads was low relative to the cost to agricultural land. Nevertheless, some additional change in land management to reduce impacts on roads (beyond the changes justified by agricultural land alone) was found to be optimal in some cases. Reinforcing the results from the simple model, a key factor influencing the economics of dryland salinity management was the urgency of the problem. If costs from dryland salinity were not expected to occur until 30 years or more, the optimal response in the short-term was to do nothing. Overall, the study highlights the need for governments to undertake comprehensive and case-specific analysis before committing resources to the management of dryland salinity affecting roads. There were many scenarios in the modelling analysis where the benefits of interventions would not be sufficient to justify action.
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Mayekiso, Sipokazi. "The impact of transport infrastructure investment on unemployment in South Africa". Thesis, University of Fort Hare, 2015. http://hdl.handle.net/10353/2260.
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The transport infrastructure investment has been a subject of many studies for some time, mainly in improving and predicting the economic growth of the country and improving employment in South Africa. Given this, the study examines the impact of transport infrastructure investment on unemployment in South Africa by using time series econometric analysis over the period 1982-2012. Some key variables considered include unemployment, real GDP, real exchange rate, real interest rate, and trade openness total infrastructure investment exclude transport infrastructure investment. To separate the long and short run effect, VECM was employed after ensuring stationarity of the series. The study found that a long run relationship exist between the unemployment, transport infrastructure investment, real GDP, real exchange rate , real interest rate, trade openness and total infrastructure investment exclude transport infrastructure investment. The Results of this thesis have implications for policy and academic work.
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Wong, Vivien. "Infrastructure planning as a tool to facilitate economic restructuring in Japan : the experience of government intervention /". Hong Kong : University of Hong Kong, 1996. http://sunzi.lib.hku.hk/hkuto/record.jsp?B18155145.
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李天生 i Tin-sang Li. "Build-operate-transfer (BOT) projects for infrastructure development". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1996. http://hub.hku.hk/bib/B31267518.
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Regan, Michael Ernest. "Infrastructure : a new asset class in Australia /". [St. Lucia, Qld.], 2004. http://www.library.uq.edu.au/pdfserve.php?image=thesisabs/absthe18636.pdf.
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Young, Katherine. "Strategic appraisal of interdependent infrastructure provision". Thesis, University of Oxford, 2015. https://ora.ox.ac.uk/objects/uuid:ca177983-e5c9-4ce5-8577-19ef12a9f116.
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Infrastructure services are of fundamental importance to a country's economic and social well-being; however, decisions about such investments are complex, involving multiple actors, high levels of uncertainty and creating a multi-decadal lock-in to the choices made. Methodologies to assist with such decisions ('appraisal' methodologies) have developed to consider many of these complexities, yet they remain sector specific, ignoring interdependencies between infrastructure networks. Such methodologies thereby ignore the opportunities or vulnerabilities derived from these inter-relationships, simply assuming that cross-sectoral services will be provided, and ignoring the constraints created for future development. Furthermore, the siloed methodologies make calculation of the total system effects impossible, undermining strategic plans and obscuring any need (or ability to) prioritise across sectors. The work herein aimed to develop and demonstrate a strategic approach, capable of providing a more complete valuation of infrastructure investments by taking the interdependencies between the networks into account. In so doing, it examined the hypothesis that use of such a methodology could help deliver more robust outcomes. The work is founded on development of a common, cross-sector appraisal methodology: fifteen common, monetised infrastructure performance metrics, developed by reviewing the strategic priorities of infrastructure and the existing sectoral cost benefit analyses. This was integrated with best practice from portfolio, pathway and real option approaches to create a longer term, system focused analysis of the decision space. Testing the framework through a case study (the Thames Hub Vision), chosen specifically for its high number of sectors, diversity of impacts and magnitude of its interdependencies, it examines the information gained by the increased methodological complexity. The results demonstrate that current appraisal methods are indeed incomplete, with interdependencies creating additional value and the opportunity for increased robustness. Indeed, ignored system effects are found to be sufficient to reverse the result of the analysis and future effects enabled by the investments are found to be up to an order of magnitude greater than the direct impacts recorded by current appraisals. Furthermore, the response and sensitivity to uncertainty is shown to be affected by consideration of the system effects, both directly, through their application to multiple assets and indirectly, through interaction with the wider investment landscape. The proposed approach captures these values and relationships, allowing more informed decisions to be made. In addition, a decision support tool is developed providing the means to identify which opportunities stakeholders wish to maintain, how these can be created and which variables must be tracked to ensure the opportunities remain valid. The work therefore promotes a more active, strategic approach to infrastructure investment, allowing translation between national targets, regional stakeholder values and sector-specific technical requirements, to create a more holistic plan for a country's infrastructure networks.
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Himes, Jeffrey J. "Generational factors and resource availability a study of the key components of social capital formation /". Morgantown, W. Va. : [West Virginia University Libraries], 2001. http://etd.wvu.edu/templates/showETD.cfm?recnum=2193.
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Thesis (M.A.)--West Virginia University, 2001.Title from document title page. Document formatted into pages; contains v, 108 p. Vita. Includes abstract. Includes bibliographical references (p. 68-69).
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Zou, Weiwu, i 邹伟武. "Relationship management in public private partnership infrastructure projects". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2012. http://hub.hku.hk/bib/B47849629.
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Public Private Partnership (PPP) procurement has developed in many countries, as an
effective way for governments to allay their financial burden and/or improve the
efficiencies of public services. However, PPP has also experienced many ups and
downs in its applications. As a collaborative venture between public and private
sectors, the quality of the relationship between them has been shown to be a key
contributor to the success of a PPP project. However, no study has, as yet,
conceptualized and tested an integrative framework for modeling and addressing the
relational aspect in PPP projects. This study aims to fill this gap. Moreover, the
revamping of PPP in the above direction, would align with what is found to be a much
larger trend, in moving from traditional management to relationship approaches in
project management in general and on built infrastructure projects in particular. The
general purpose of this study is to make an original contribution to relationship
research in PPP, by addressing the importance of this intangible side of PPP, through
developing a strategic relationship management framework for parties engaged in PPP
projects.
Having examined relational research in joint ventures, alliancing and
inter-organisational collaboration, it is found that game theory, transaction cost
analysis and relational contracting have a direct bearing on inter-organisational
relationships in infrastructure projects. Consequently, they are adopted as the
theoretical foundations for this research. This study first investigates the ‘hard side’ of
PPP relationships, analyzing their variables based on semi-structured interviews with
PPP experts. Further, the ‘soft side’ of PPP relationships, is found to be influenced
mainly by inter-organisational trust and commitment. This is also investigated in this
research by intensive literature review of inter-organisational relationships. A
relational variables and indicators model for PPP projects is then developed.
Quantitative research data was collected from two questionnaire surveys, targeting
international experiences. The first survey was aimed to examine the intensifying
and/or moderating effects of various relational variables. The second survey was
designed to identify the Critical Success Factors of relationship management in PPP
context. Qualitative research data was consolidated from a case study and follow-up
structured interviews. Findings from surveys, case study and interviews were then
triangulated to develop a strategic framework for better relationship management for
infrastructure PPP projects.
The findings from this research make a specific contribution to relationship
management research; while the ‘hard’ and ‘soft’ sides provide lenses for both PPP
parties to examine their relationship with their respective partners. The proposed
strategic framework consists of a Relationship Management Scheme and Guidelines
to be implemented in different PPP phases, through addressing the sustainability of
the relationship. It provides an initial scheme or base approach for project parties to
manage the relationships proactively rather than reactively. Besides, this research also
helps to identify relevant relational components that can be incorporated or directly
used in criteria for pre-tender selection. Such screening and special attention to these
critical components can also help to develop more sustainable relationships and attain
better value for money through PPP procurement in practice.published_or_final_version
Civil Engineering
Doctoral
Doctor of Philosophy
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Celebi, Mehmet Ali. "The relationship between private economic growth and public nonmilitary infrastructure capital stock : an empirical study of the U.S. economy". Diss., Manhattan, Kan. : Kansas State University, 2007. http://hdl.handle.net/2097/332.
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He, Yumei. "Essays on public infrastructure, industrial location and regional development". Click to view the E-thesis via HKUTO, 2008. http://sunzi.lib.hku.hk/hkuto/record/B39707313.
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Mutsila, Mpho. "The role of the common innovation infrastructure in economic transition". Diss., University of Pretoria, 2013. http://hdl.handle.net/2263/41988.
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Knowledge, innovation, and the pursuit of economic growth are concepts that the economists and policy makers around the world continue to investigate. As policy makers strive to improve the welfare of their nations, research suggests that perhaps innovation is the key that will unlock the gates of prosperity.
Frameworks have been developed on how countries should build innovation capacity such as the study done by Furman, Porter and Stern (2002). These frameworks have been used to test developed nations such as Australia, Denmark and the United States as well as developing nations such as Taiwan and South Korea. Their findings suggest that certain strategies were more effective at fostering innovation in developed countries than in developing countries, highlighting that the effects of policy innovation are not homogeneous.
This report investigated the innovation strategies that countries use to encourage innovation in order to induce economic transition. The findings suggest that there is an existence of the common innovation infrastructure in countries that are transitioning from efficiency-driven to innovation-driven development. These countries are using the common innovation infrastructure to encourage innovation. However, some countries are more effective at encouraging innovation than others. Measures that work for one country may not necessarily work for others.Dissertation (MBA)--University of Pretoria, 2013.
zkgibs2014
Gordon Institute of Business Science (GIBS)
MBA
Unrestricted
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Garlick, Robert J. "Infrastructure, institutions and economic growth : a time-series study of the South African economy". Master's thesis, University of Cape Town, 2008. http://hdl.handle.net/11427/5787.
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Includes abstract.Includes bibliographical references (leaves 39-43).
A growing empirical has analysed the historical relationship between infrastructure and output in South Africa, finding a broadly positive effect that operates largely via the marginal productivity of private capital. We extend this literature by investigating the relationship between infrastructure, output and institutional quality: protection of property rights, political fractionation and political and economic risk. We develop a model in the spirit of Barro (1990), which predicts a nonlinear relationship between infrastructure and output (positive at low levels of infrastructure and subsequently negative) and a positive effect of institutional capital on both output and the response of output to changes in infrastructure stock.
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George, Matthew William. "Reservoir Sedimentation: The Economics of Sustainability". BYU ScholarsArchive, 2016. https://scholarsarchive.byu.edu/etd/5955.
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Despite mounting demand for a more sustainable worldwide water supply system, available reservoir capacity is relentlessly diminishing due to sedimentation. This fact, coupled with a decrease in the rate of dam construction, indicate an impending water supply dilemma. In the future, dams should be designed following a life cycle management approach rather than the typical short-sighted design life technique.Neither sustainable reservoir lifespans nor intergenerational equity is achieved through conventional cost-benefit analyses (CBA), which render all benefits and costs projected to occur more than several decades into a project as negligible. Consequently, future expenditures, including dam decommissioning or retrofitting with sediment management facilities, are regarded as non-factors in an analysis. CBAs have also historically failed to account for the impacts of sedimentation on infrastructure and the environment over time.Alternatives to the traditional application of the CBA do exist, however. These include dam owners establishing retirement funds or insurance policies, beneficiaries paying for rehabilitation or maintenance, and economists incorporating infrastructure damages and potentially declining discount rates into their analyses.To analyze the disadvantages of not managing sediment, a case study of costs caused from sedimentation impacts at Gavins Point Dam was performed. Impacts from sedimentation at Gavins Point Dam include, among many others, upstream municipal flooding and downstream bank stabilization and sandbar construction. The financial analysis considered the time value of money and showed that the value of expenditures to resolve sedimentation impacts is equivalent to 70% of the original construction cost. Including the costs of additional impacts would amplify this result. Design and operations decisions at Gavins Point Dam could have been drastically different, leading to a more sustainable project, if these expenditures from sedimentation impacts had been included in the initial economic analyses.It is recommended that multidisciplinary discussions occur at multiagency levels to consider changes to traditional CBAs for long-term water supply projects. These discussions should investigate the creation of funding to address sediment management at existing dams. The frequency of bathymetric surveys should also be increased, which would lead to a better understanding of the condition of our infrastructure. By pursuing these recommendations and integrating the aforementioned alternatives to the CBA, economic studies for reservoirs will be more accurate, reservoir lifespans will be more sustainable, profits will be extended indefinitely, and the economic burdens passed to future generations will be lessened.
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Kwan, Wing-mei. "Conflicts resolutions in infrastructure planning : a case study in Hong Kong /". Hong Kong : University of Hong Kong, 2000. http://sunzi.lib.hku.hk/hkuto/record.jsp?B22285064.
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Cubukcu, Kemal Mert. "Geography and the cost of network infrastructure". Columbus, Ohio : Ohio State University, 2003. http://rave.ohiolink.edu/etdc/view?acc%5Fnum=osuosu1070245725.
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Thesis (Ph. D.)--Ohio State University, 2003.Title from first page of PDF file. Document formatted into pages; contains xvi, 188 p.; also includes graphics (some col.). Includes abstract and vita. Advisor: Jean-Michel Guldmann, Dept. of City and Regional Planning. Includes bibliographical references (p. 164-170).
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Juuso, A. M. (Anna-Maija). "Cybersecurity investment and information sharing:an analysis of the economic incentives of private critical infrastructure providers". Master's thesis, University of Oulu, 2015. http://urn.fi/URN:NBN:fi:oulu-201506111850.
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Economic agents make rational cybersecurity investment decisions considering the costs and the benefits of their choice. Problems arise when the private costs and benefits do not align with social costs and benefits. The presence of externalities commonly leads to underinvestment and the situation is aggravated by the presence of informational challenges that are typical for cyberspace. In cases of critical infrastructure interdependence, firms are often unaware that their underinvestment impacts other network agents, who might be equally unaware of the situation. Without accurate information on cybersecurity it is difficult to provide incentives for private agents to invest in cybersecurity. Therefore, in this thesis, we present information sharing as a means to handle the informational challenges and bring cybersecurity investment closer to a socially optimal level.
In this thesis, we develop an economic model for determining the optimal level of cybersecurity investment for private critical infrastructure operators. Our goal is to analyse cybersecurity investment decisions in a network of interdependent critical infrastructure operators. As the agents’ information systems are bound together, the critical elements of each system are now the critical elements of all the interdependent systems. A failure in one system will be externalized to the other agents’ systems. As a result, an agent’s decisions to invest in cybersecurity and to share breach information also impact the welfare of other agents. We assume that an agent’s investment costs increase in its own aggregate investment, but decrease in the other agents’ investment and information sharing effort. Therefore, an agent’s cybersecurity investment and information sharing decisions affect the other agents’ optimal cybersecurity investment level and their incentives to share breach information.
We utilize our model to examine the incentives of private critical infrastructure owners and operators to invest in cybersecurity and share breach information. Critical infrastructure protection is a matter of national security of supply, and thus societal costs of a breach might be higher than the private costs incurred by the owner and operator. Hence, governmental intervention is justified. However, due to the unique qualities of cyberspace, we abandon traditional top-down orders and introduce a social planner, who is a member of the same network as the critical infrastructure providers. The social planner influences network agents’ incentives through its own cybersecurity investment and information sharing efforts.
The model presented in the thesis is based on a definition of cybersecurity as public externality. The definition is based on a four layer framework model of cyberspace, where the content of a layer determines security on that layer as a good, and the protection of the lower layers impacts the security of the subsequent layers. On the physical layer, security is determined by private goods, and by club goods and private goods on the logical and informational layers. In our model, cybersecurity investment refers to these rivalrous and excludable security investments made on the lower layers of cyberspace. Cybersecurity is the positive externality of these investments. For this reason, there is no free riding in cybersecurity investment.
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Birru, Yohannes Ayalew. "Essays on the role of public infrastructure and medium-term growth strategies in developing countries (with particular emphasis on Ethiopia)". Thesis, University of Sussex, 2016. http://sro.sussex.ac.uk/id/eprint/65972/.
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Lee, James Grant. "Proximate Causes: The Influence of Agglomeration, Access to Finance, and Infrastructure on US Economic Growth, 1860-1990". Thesis, Harvard University, 2015. http://nrs.harvard.edu/urn-3:HUL.InstRepos:17467374.
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Location matters. A firm's proximity to other firms, finance, and infrastructure affects its profitability and productivity. My dissertation examines how. In chapter one, I quantify the underlying sources of agglomeration, or productivity gains from co-location, and investigate the extent to which those sources changed from 1880 to 1990. In chapter two, I shift to proximity to finance and measure the impact of local bank distress on local manufacturing outcomes during a period of unprecedented---and unrepeated---financial panic, the Great Depression. And in chapter three, I study the importance of local capital and infrastructure destruction on agricultural and manufacturing outcomes using General William Sherman's 1864-1865 march through the US South. Together, my dissertation chapters shed light on the influence of location on firm profitability and productivity, and in turn, US economic growth from 1860 to 1990.Economics
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Lind, Elizabeth Anne. "Goal oriented multiple criteria decision making for public works capital investment problems involving infrastructure with a specific case study of the US Army". Thesis, Georgia Institute of Technology, 1995. http://hdl.handle.net/1853/24286.
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黃慧穎 i Vivien Wong. "Infrastructure planning as a tool to facilitate economic restructuringin Japan: the experience of governmentintervention". Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1996. http://hub.hku.hk/bib/B31259327.
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