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Author: Wouter Jonkhoff
Publisher: Springer Science & Business Media
ISBN: 1441981012
Category : Political Science
Languages : en
Pages : 105
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Book Description
Infrastructure construction and use is at the heart o the current political debate. Not only are European member state governments investing large amounts of money to alleviate the harmful effects of the economic downturn due to the credit crisis, EU accession countries receive large amounts of cohesion funds for infrastructure purposes. Infrastructure is widely believed to contribute largely to economic performance, but to what extent is this the case? How does the productivity of roads, railways and ports relate to the invested money, and what determines their effectiveness? In this Brief, which focuses to a large extent on Dutch and European practice, numerous distinguished economists describe policy practice and analytical tools for infrastructure appraisal. Moreover, harmonisation of European approaches for evaluation of infrastructure are discussed. The study focuses both on scientific productivity measurement as on case studies of infrastructure policy.
Author: Wouter Jonkhoff
Publisher: Springer Science & Business Media
ISBN: 1441981012
Category : Political Science
Languages : en
Pages : 105
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Book Description
Infrastructure construction and use is at the heart o the current political debate. Not only are European member state governments investing large amounts of money to alleviate the harmful effects of the economic downturn due to the credit crisis, EU accession countries receive large amounts of cohesion funds for infrastructure purposes. Infrastructure is widely believed to contribute largely to economic performance, but to what extent is this the case? How does the productivity of roads, railways and ports relate to the invested money, and what determines their effectiveness? In this Brief, which focuses to a large extent on Dutch and European practice, numerous distinguished economists describe policy practice and analytical tools for infrastructure appraisal. Moreover, harmonisation of European approaches for evaluation of infrastructure are discussed. The study focuses both on scientific productivity measurement as on case studies of infrastructure policy.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309132568
Category : Technology & Engineering
Languages : en
Pages : 132
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Book Description
The nation's physical infrastructure facilitates movement of people and goods; provides safe water; provides energy when and where needed; removes wastes; enables rapid communications; and generally supports our economy and quality of life. Developing a framework for guiding attempts at measuring the performance of infrastructure systems and grappling with the concept of defining good performance are the major themes of this book. Focusing on urban regions, within a context of national policy, the volume provides the basis for further in-depth analysis and application at the local, regional, state, and national levels.
Author: Jason Timmins
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 43
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Book Description
Author: Carl D. Martland
Publisher: Wiley
ISBN: 9780470448762
Category : Technology & Engineering
Languages : en
Pages : 0
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Book Description
Toward More Sustainable Infrastructure: Project Evaluation for Planners and Engineers provides readers a framework for understanding and evaluating infrastructure projects to improve their performance and sustainability, taking into account not only the financial and economic issues, but also the social and environmental impacts that affect the sustainability of infrastructure. Based on a course designed developed by the author over ten years at M.I.T., this text demonstrates how to apply the basic methods of engineering economics in evaluating major infrastructure projects and also demonstrates how these same techniques can be useful with many routine business and personal decisions. It introduces students to project management, system performance, concepts of sustainability, methods of engineering economics, and provides numerous case studies, examples, and exercises based upon real world problems. This text fills a void in the education of many planners and engineering students, namely an understanding of why major infrastructure projects are undertaken, how they are structured and evaluated, and how they are financed. Toward More Sustainable Infrastructure: Project Evaluation for Planners and Engineers prepares readers to evaluate projects based upon an appreciation of the needs of society, the potential for sustainable development, and recognition of the problems that may result from poorly conceived or poorly implemented projects and programs.
Author: Edward L. Glaeser
Publisher: University of Chicago Press
ISBN: 022680058X
Category : Business & Economics
Languages : en
Pages : 479
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Book Description
"Policy-makers often call for expanding public spending on infrastructure, which includes a broad range of investments from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to near-term macro-economic benefits and job creation, others focus on long-term effects on productivity and economic growth. This volume explores the links between infrastructure spending and economic outcomes, as well as key economic issues in the funding and management of infrastructure projects. It draws together research studies that describe the short-run stimulus effects of infrastructure spending, develop new estimates of the stock of U.S. infrastructure capital, and explore the incentive aspects of public-private partnerships (PPPs). A salient issue is the treatment of risk in evaluating publicly-funded infrastructure projects and in connection with PPPs. The goal of the volume is to provide a reference for researchers seeking to expand research on infrastructure issues, and for policy-makers tasked with determining the appropriate level of infrastructure spending"--
Author: Lasse Gerrits
Publisher: Edward Elgar Publishing
ISBN: 178347842X
Category : Business & Economics
Languages : en
Pages : 245
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Book Description
Infrastructure projects are notoriously hard to manage so it is important that society learns from the successes and mistakes made over time. However, most evaluation methods run into a conundrum: either they cover a large number of projects but have little to say about their details, or they focus on detailed single-case studies with little in terms of applicability elsewhere. This book presents Qualitative Comparative Analysis (QCA) as an alternative evaluation method that solves the conundrum to enhance learning.
Author: Catherine J. Morrison
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 37
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Book Description
The impact of public infrastructure investment on the productive performance of firms has been an important focus of the recent literature on productivity growth. The size of this impact has important implications for policymakers' decisions to invest in public capital, and productivity analysts' evaluation of productivity growth fluctuations and declines. However, detailed evaluation of the infrastructure impact is difficult using existing studies which rely on restricted models of firms' technology and behavior. In this paper we construct a more complete production theory model of firms' production and input decisions. We then apply our framework to state-level data on the output production and input (capital, nonproduction and production labor and energy) use of manufacturing firms to evaluate the contribution of infrastructure to firms' costs and productivity growth. We find that infrastructure investment does provide a significant direct benefit to manufacturing firms and thus augments productivity growth. We also show, however, that this evidence should be interpreted taking into account the social cost of such capital (which is not reflected in firms' costs), and the indirect impact resulting from scale effects.
Author: Charlie Karlsson
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 488
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Book Description
Highlights the growing demand for accurate, complete and continuous disclosure of information related to management activities, expenditures, stock availability and shadow prices. This book also presents theoretical and practical advances as well as concepts and paradigms in infrastructure systems.
Author: Abdul Ghafoor
Publisher: Routledge
ISBN: 1351791842
Category : Business & Economics
Languages : en
Pages : 238
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Book Description
This title was first published in 2000: An investigation of the performance of the electric power and telecommunication sectors of Pakistan at the firm level as well as the sector as a whole, seeking to identify and quantify the extent of inefficiencies. Since physical or financial or productivity indicators alone are not able to explain the duality of public infrastructure purposes, the financial and productivity indicators have been used in evaluating the performance of these sectors. Further, a Cobb-Douglas production function has also been used to calculate the trend in the growth of total factor productivity. Economies of scale have also been studied in the case of electric power generation. The results of the study show that in Pakistan one of the usual motives for privatization (to avoid the poor financial results of state enterprises) is not relevant for electricity and telecommunications enterprises. This, however, appears to be due to the financial subsidies they received, through access to low cost loan finance and grants, rather than to their efficiency in operations. By the economic criteria of growth of TFP none of the enterprises do well and two have a negative TFP growth. The case for reforming these enterprises is strong and alternative modes of organization, finance and ownership need to be considered.
Author: Lourdes Trujillo
Publisher: World Bank Publications
ISBN:
Category : Industrial productivity
Languages : en
Pages : 28
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Book Description
"Estache, Perelman, and Trujillo review about 80 studies on electricity and gas, water and sanitation, and rail and ports (with a footnote on telecommunications) in developing countries. The main policy lesson is that there is a difference in the relevance of ownership for efficiency between utilities and transport in developing countries. In transport, private operators have tended to perform better than public operators. For utilities, ownership often does not matter as much as sometimes argued. Most cross-country studies find no statistically significant difference in efficiency scores between public and private providers. As for the country-specific studies, some do find differences in performance over time but these differences tend to matter much less than a large number of other variables. Across sectors, private operators functioning in a competitive environment or regulated under price caps or hybrid regulatory regimes tend to catch up best practice faster than public operators. There is a very strong case to push regulators in developing and transition economies toward a more systematic reliance on yardstick competition in a sector in which residual monopoly powers tend to be common. This paper--a product of the Office of the Vice President, Infrastructure Network--is part of a larger effort in the network to document the state of the sector"--World Bank web site.
