Determinants of public expenditure on infrastructure

transportation and communication
  • 63 Pages
  • 2.12 MB
  • 5410 Downloads
  • English
by
World Bank, Europe and Central Asia, Country Dept. I, Country Operations Division , Washington, DC
Expenditures, Public., Infrastructure (Economics) -- Finance., Public investm
StatementSusan Randolph, Željko Bogetić, Dennis Heffley.
SeriesPolicy research working paper ;, 1661, Policy research working papers ;, 1661.
ContributionsBogetić, Željko., Heffley, Dennis R., World Bank. Europe and Central Asia Region. Country Dept. I. Country Operations Division.
Classifications
LC ClassificationsHG3881.5.W57 P63 no. 1661
The Physical Object
Paginationiii, 63, 9 p. ;
ID Numbers
Open LibraryOL741893M
LC Control Number97133969

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 ).

Most of the findings regarding the determinants of public infrastructure expenditures are broadly consistent regardless of whether central or consolidated budget expenditures are the focus of concern. The main findings are summarized below. (1) Per capita infrastructure expenditures respond most strongly to changes in the.

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The authors empirically study factors that influence public investment in transportation and communication infrastructure. Using data for for 27 economies, they assess the influence of government objectives, the nature of the domestic.

Determinants of Public Expenditure on Infrastructure. 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 ). Copies of this paper are available free from the International Monetary Fund, 19th Street NW, Washington, DC.

Downloadable. The authors empirically study factors that influence public investment in transportation and communication infrastructure. Using data for for 27 economies, they assess the influence of government objectives, the nature of the domestic economy, and the external assistance flow on public infrastructure spending.

They find: a) per capita spending on infrastructure responds.

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Determinants of public expenditure on infrastructure: transportation and communication. Randolph, Susan*Bogetic, Zeljko*Hefley, Dennis Authors registered in the RePEc Author Service: Susan Randolph and Zeljko Bogetic () NoPolicy Research Working Paper Series from The World Bank Abstract: The authors empirically study factors that influence public investment in transportation and.

infrastructure are also important determinants of per capita infrastructure expenditure. Per capita infrastructure expenditures are greater in countries with a large foreign sector. Abstract: Public expenditure in infrastructure has stimulated economic Determinants of public expenditure on infrastructure book in Nigeria.

The aim of this study is to critically analyze the Trends of public expenditure growth on infrastructure in Nigeria, using available time series data from to The specific objective of.

Determinants of public expenditure on infrastructure: transportation and communication (Inglês) Resumo. The authors empirically study factors that influence public investment in transportation and communication infrastructure.

The ratio of public infrastructure spending to total investment decreased from 23% in early s to 4% in Download: Download full-size image; Fig. Public infrastructure spending as a share f total investment in China (–).

Source: China Statistical Yearbook Determinants of public expenditure on infrastructure.

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Washington, DC: World Bank, Europe and Central Asia, Country Dept. I, Country Operations Division, []. determinants of PPPs in infrastructure projects using the World Bank’s Private Participation in Infrastructure (PPI) database on projects for developing countries during – We divide the determinants of PPPs into seven channels, taking into account different incentives and constraints in both the public and private sectors.

According to Dao's () hypothesis, the infrastructure indicator in a developing country is a function of the following factors; public pension expenditure as a share of GDP, public spending on.

to isolate analysis on infrastructure and its determinants. The inadequacy of empirical information on the trend analysis of public expenditure on infrastructure in Lesotho makes it justifiable to carry out this study, given the importance of investment in infrastructure on the.

We examine a panel data set for the US states over the period and use it to assess the effects of growth in personal income and number of students on expenditure on public primary and secondary education.

Our analysis suggests that the share of personal income devoted to education is. Edame () studied the determinants of public infrastructure spending in Nigeria, using ECM. He found that rate of urbanization, government revenue, population density, external reserves, and type of government jointly or individually influence public expenditure on infrastructure in Nigeria.

Get this from a library. Determinants of public expenditure on infrastructure transportation and communication. [Susan Randolph; Željko Bogetic; Dennis R Heffley; World Bank Europe and Central Asia Region Country Dept.

I Country Operations Division]. Abstract. The authors empirically study factors that influence public investment in transportation and communication infrastructure.

Using data for for 27 economies, they assess the influence of government objectives, the nature of the domestic economy, and the external assistance flow on public infrastructure spending. cluded that infrastructure spending (such as on streets, highways, mass transit and sewerage) has the most signi cant association with productivity.

Aschauer’s conclusions were particularly important for developing countries in which public expenditure symbolizes the ‘wheels’ { if not the engine { of economic activity (WorldBank ).

Graph 1 Education Expenditures of the Government in Colombia Source: UNICEF, Division of Policy and Practice, Statistics and Monitoring Section,May The public expenditure per capita as a percentage of the GDP in was estimated in %. But participation rates still remained very low for this same year.

In the macroeconomic literature this is often associated with the general productivity growth decline, suggesting an important role for infrastructure investment in economic growth. However, this also raises the question as of why public capital spending declined in so many countries.

Surprisingly, hardly any research on this exists. The 70s was a period of massive physical construction of infrastructure; there was rise in capital expenditure, getting its apex in at about a 55 percent share, while recurrent expenditure reduced to about a 45 percent share of overall government expenditure.

Founded inthe NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

Public expenditure can define as, “The expenditure incurred by public authorities like central, state and local governments to satisfy the collective social wants of the people is known as public expenditure.” Earlier it was thought that “Every tax is an evil” and public expenditure is “unproductive”.

Such ideas are no more nowadays. It does not examine determinants of total public expenditures or budgets – often used as a proxy for the size of government, and as such a rather different topic.

It is also ‘partial equilibrium’ in that it is primarily focused on the expenditure side of public finance – for example it. Abstract. This study explores important determinants of Public–Private Partnership (PPP) in Indian Infrastructure.

This study used secondary data for a period of eleven years (–) to observe the important determinants in PPP in Infrastructure in India. Analysis of public expenditure constitutes a central issue in public sector economics and public finance literature.

Understanding the reasons for government spending growth has been a central concern of public sector economists. This is due to the fact that most economies of the world have consistently had increased government expenditures.

Similarly, public services can influence each other. For example, the public transport system – the output of spending on infrastructure - affects the spending on education (input) as school buildings have to be reachable.

Unlike the private sector the public sector cannot easily be represented by a clear input – output relationship. Inputs. If the public expenditure on subsidies is to have a real redistributive effect, these subsidies should be targeted to the poor.

Expenditure on Social Infrastructure: Public expenditure by the Government on so­cial infrastructure such as education, health care of the people, housing for the poor also tend to reduce income inequalities. endowment, which is reflected in the generated revenue (Akanbi, ). This study aims to establish the determinants of government expenditure, by further disaggregating expenditure into two components: capital and recurrent expenditure.

The empirical literature on the determinants of government expenditure is vast, with varying techniques and.The study examines the determinants of public expenditure growth in Kenya.

Time series data analysis technique is used for the period - The main objectives of the study are to analyze government budgetary resource composition and; examine the impact of the government budgetary resources on public expenditure growth. This study.ADVERTISEMENTS: Public Expenditure: Causes, Principles and Importance!

Meaning of Public Expenditure: Expenses incurred by the public authorities—central, state and local self- governments—are called public expenditure. Such expenditures are made for the maintenance of the governments as well as for the benefit of the society as whole.

There was a misbelief in the academic .