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Investing in infrastructure : what is needed from 2000 to 2010?

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  • Fay, Marianne
  • Yepes, Tito

Abstract

The authors estimate demand for infrastructure services over the first decade of the new millennium based on a model that relates demand for infrastructure with the structural change and growth in income the world is expected to undergo between now and 2010. It should be noted that predictions are based on estimated demand rather than on any absolute measure of"need"such as those developed in the Millenium Development Goals. The authors also provide estimates of associated investment and maintenance expenditures and predict total required resource flows to satisfy new demand while maintaining service for existing infrastructure.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 3102.

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Date of creation: 31 Jul 2003
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Handle: RePEc:wbk:wbrwps:3102

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Keywords: Environmental Economics&Policies; Economic Theory&Research; Public Sector Economics&Finance; Decentralization; Urban Services to the Poor; Environmental Economics&Policies; Economic Theory&Research; Public Sector Economics&Finance; Urban Services to the Poor; Urban Services to the Poor;

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References

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  1. David Aschauer, 1988. "Is public expenditure productive?," Staff Memoranda 88-7, Federal Reserve Bank of Chicago.
  2. Easterly, William & Rebelo, Sérgio, 1994. "Fiscal Policy and Economic Growth: An Empirical Investigation," CEPR Discussion Papers 885, C.E.P.R. Discussion Papers.
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Citations

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Cited by:
  1. Schürenberg-Frosch, Hannah, 2012. "Determinants of transport costs: Are they uniform across countries?," Economics Discussion Papers 2012-54, Kiel Institute for the World Economy.
  2. Antonio Estache & A. Iimi, 2009. "(Un)Bundling Infrastructure Procurement: Evidence from Water Supply and Sewage Projects," Working Papers ECARES 2009_007, ULB -- Universite Libre de Bruxelles.
  3. Jean-Charles Hourcade & Sandrine Mathy & P. R. Shukla, 2005. "Cutting the Climate-Development Gordian Knot - Economic options in a politically constrained world," Post-Print halshs-00006358, HAL.
  4. Dethier, Jean-Jacques & Moore, Alexander, 2012. "Infrastructure in developing countries: An overview of some economic issues," Discussion Papers 123305, University of Bonn, Center for Development Research (ZEF).
  5. Antonio Estache & A. Iimi, 2008. "Procurement Efficiency for Infrastructure Development and Financial Needs Reassessed," Working Papers ECARES 2008_022, ULB -- Universite Libre de Bruxelles.
  6. repec:hal:wpaper:hal-00866572 is not listed on IDEAS
  7. Hughes, Gordon & Chinowsky, Paul & Strzepek, Ken, 2010. "The costs of adaptation to climate change for water infrastructure in OECD countries," Utilities Policy, Elsevier, vol. 18(3), pages 142-153, September.
  8. Perotti, Roberto, 2007. "Fiscal policy in developing countries : a framework and some questions," Policy Research Working Paper Series 4365, The World Bank.
  9. Justin Yifu Lin & Doerte Doemeland, 2012. "Beyond Keynesianism: Global Infrastructure Investments In Times Of Crisis," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(03), pages 1250015-1-1.
  10. Christopher Adam & David Bevan, 2014. "Public Investment, Public Finance, and Growth: The Impact of Distortionary Taxation, Recurrent Costs, and Incomplete Appropriability," IMF Working Papers 14/73, International Monetary Fund.
  11. Rosnes, Orvika & Vennemo, Haakon, 2012. "The cost of providing electricity to Africa," Energy Economics, Elsevier, vol. 34(5), pages 1318-1328.
  12. Paul A. Acquah, 2008. "Securing International Finance: Issues of Debt Management, Prospects and Modalities," Papers Presented at Africa Meetings of the Emerging Markets Forum 2008acquah, Emerging Markets Forum.
  13. Schürenberg-Frosch, Hannah, 2011. "One model fits all? Determinants of transport costs across sectors and country groups," Center for European, Governance and Economic Development Research Discussion Papers 122, University of Goettingen, Department of Economics.
  14. Graeme Guthrie, 2006. "Regulating Infrastructure: The Impact on Risk and Investment," Journal of Economic Literature, American Economic Association, vol. 44(4), pages 925-972, December.
  15. Mahani Zainal Abidin, 2010. "Fiscal Policy Coordination in Asia : East Asian Infrastructure Investment Fund," Macroeconomics Working Papers 21870, East Asian Bureau of Economic Research.
  16. Robin Carruthers, 2012. "Transport Infrastructure for MED11 Countries," CASE Network Reports 0108, CASE-Center for Social and Economic Research.

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