Determinants of Public Expenditure on Infrastructure PDF Download

Author: Susan Randolph
Publisher:
ISBN:
Category :
Languages : en
Pages : 84

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Randolph, Bogetic, and He ...

Author: Susan Randolph
Publisher: World Bank Publications
ISBN:
Category : Comunicacion
Languages : en
Pages : 84

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Author: Susan Randolph
Publisher:
ISBN:
Category :
Languages : en
Pages :

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October 1996 Governments that are not committed to alleviating poverty - or that are extremely committed to it - spend less from the central budget on infrastructure. Governments with only limited commitment to alleviating poverty adopt strategies to increase the productivity of the poor by investing in infrastructure. But as their commitment intensifies, their strategy shifts to improving human capital or strengthening the social safety net, and funding for social programs competes with funding for infrastructure. Randolph, Bogetic, and Heffley empirically study factors that influence public investment in transportation and communication infrastructure. Using pooled cross-national and time-series data for 1980-86 for 27 low- and middle-income economies, they assess the influence on public infrastructure spending of a government's objectives (especially its commitment to poverty alleviation), the nature of the domestic economy, and the flow (and composition) of external assistance. Their findings: * Per capita spending on infrastructure responds most strongly to changes in the level of development, the urbanization rate, and the labor force participation rate. * Spending is greater in countries with large foreign sectors and is positively influenced by sectoral imbalances between rural and urban areas (reflected in migration rates). Moreover, as the stock of infrastructure increases, so does per capita spending on it. * If total flows of foreign savings increase, there is a small positive response in per capita spending. The composition of foreign savings matters: when commercial bank flows represent proportionately more of such flows, infrastructure spending is greater. * With higher population densities, consolidated government spending declines. Central government spending increases initially, but decreases as population densities rise. * Central budget spending is positively associated with improved institutional development, whereas consolidated budget spending falls as institutional development improves (when levels of institutional development are low). * The size of the budget deficit appears not to influence central budget spending but is positively associated with consolidated budget spending. * Greater outward orientation is positively associated with increased consolidated budget spending but seems to bear no relationship to central budget spending on infrastructure. * Governments that are not committed to alleviating poverty, or that are extremely committed to it, spend less from the central budget on infrastructure. Governments with only limited commitment to alleviating poverty adopt strategies to increase the productivity of the poor by investing in infrastructure. But as their commitment intensifies, their strategy shifts to improving human capital or strengthening the social safety net, and funding for those social programs competes with funding for developing infrastructure. This paper - a product of the Country Operations Division, Europe and Central Asia, Country Department I - is part of a larger effort in the department to analyze public expenditure issues. The study was funded by the Bank's Research Support Budget under the research project Enhancing Urban Productivity: Determinants of Optimal Expenditure on Infrastructure, Human Resources, and Public Consumption Goods (RPO 677-66).

Author: Roland Thord
Publisher: Springer Science & Business Media
ISBN: 3642780318
Category : Science
Languages : en
Pages : 262

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We all know that networks are fundamental prerequisites for prosperity and production. Transportation and communication are indispensible to society, they are the elements which bind all economic systems together. Without networks and communica tion all social and economic life will be reduced to isolated phenomena. Therefore, transportation can't be assessed in the same way as other services. A smoothly functioning system of communications is also a prerequistite for social and economic integration between separate geographical regions. The modernization of the infrastructure is therefore an urgent task and a precondition for carrying out the whole of Europe's ambitious political, economic and social agenda. Since the need for communication and transportation does not know any national borders, the functioning of the networks needs to be adopted to this new economic and political geography. Congestions of cities, highways, railroads, airways and tele communications must be tackled, if precious working, commuting and leisure time is not to be wasted and heavy burdens on the environment avoided. European traffic, is for example, expected to double within the next twenty years. In certain transport modes the growth is expected to be even faster - air passenger transport doubled in 10 years and goods transport on roads doubled in 15 years.

Author:
Publisher: World Bank Publications
ISBN: 9780195209921
Category : Business & Economics
Languages : en
Pages : 268

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World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.

Author: World Bank
Publisher:
ISBN:
Category : Economic assistance
Languages : en
Pages : 220

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Author: Benin, Samuel
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Political Science
Languages : en
Pages : 64

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Annual data on Kenya from 1950 to 2014 are used to analyze the determinants of the level and composition of government expenditures and estimate the agricultural-output returns to the different types of government expenditures. The paper analyzes expenditures for six functions (general administration, defense, education, health, agriculture, and other economic functions—transport, communications, etc.) as well as the capital-to-recurrent expenditure ratios within each of the six functions. Simultaneous equations modeling methods are employed, and different diagnostic tests are used to check for and address issues with stationarity, causality, and autocorrelation. Different model specifications are used to assess the sensitivity of the results to using different measures and combinations of the conceptual variables that are hypothesized to affect the composition of government expenditures and agricultural production.

Author: Branko Milanovic
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 52

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Author: Punam Chuhan
Publisher: World Bank Publications
ISBN:
Category : Capital movements
Languages : en
Pages : 36

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Author: Reema Nayar
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 64

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