Public infrastructure and private investment in the Middle East and North Africa:
Gespeichert in:
| Beteiligte Personen: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
[Washington, D.C]
World Bank
2005
|
| Schriftenreihe: | Policy research working paper
3661 |
| Schlagwörter: | |
| Links: | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3661 |
| Beschreibung: | Includes bibliographical references. - Title from PDF file as viewed on 8/18/2005 Erscheinungsjahr in Vorlageform:[2005] |
| Umfang: | 1 Online-Ressource (39 Seiten) |
Internformat
MARC
| LEADER | 00000nam a2200000 cb4500 | ||
|---|---|---|---|
| 001 | BV040618266 | ||
| 003 | DE-604 | ||
| 005 | 20250224 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 121206s2005 xxu o|||| 00||| eng d | ||
| 035 | |a (ZDB-1-WBA)093222130 | ||
| 035 | |a (OCoLC)874233545 | ||
| 035 | |a (DE-599)GBVNLM005458285 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c XD-US | ||
| 049 | |a DE-12 |a DE-1102 |a DE-1051 |a DE-521 |a DE-863 |a DE-862 |a DE-522 |a DE-858 |a DE-573 |a DE-860 |a DE-1046 |a DE-1047 |a DE-Aug4 |a DE-2070s |a DE-M347 |a DE-1049 |a DE-898 |a DE-128 |a DE-M352 |a DE-70 |a DE-92 |a DE-150 |a DE-155 |a DE-22 |a DE-91 |a DE-384 |a DE-473 |a DE-19 |a DE-739 |a DE-20 |a DE-703 |a DE-706 |a DE-355 |a DE-29 |a DE-859 |a DE-Re13 |a DE-523 | ||
| 050 | 0 | |a HG3881.5.W57 | |
| 100 | 1 | |a Agénor, Pierre-Richard |d 1957- |e Verfasser |0 (DE-588)12408009X |4 aut | |
| 245 | 1 | 0 | |a Public infrastructure and private investment in the Middle East and North Africa |c Pierre-Richard Agenor, Mustapha K. Nabli, Tarik M. Yousef |
| 264 | 1 | |a [Washington, D.C] |b World Bank |c 2005 | |
| 300 | |a 1 Online-Ressource (39 Seiten) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 490 | 0 | |a Policy research working paper |v 3661 | |
| 500 | |a Includes bibliographical references. - Title from PDF file as viewed on 8/18/2005 | ||
| 500 | |a Erscheinungsjahr in Vorlageform:[2005] | ||
| 520 | 1 | |a "The authors examine the impact of public infrastructure on private capital formation in three countries of the Middle East and North Africa-Egypt, Jordan, and Tunisia. They highlight various channels through which public infrastructure may affect private investment. Then they describe their empirical framework, which is based on a vector autoregression (VAR) model that accounts for flows and (quality-adjusted) stocks of public infrastructure, private investment, as well as changes in output, private sector credit, and the real exchange rate. The authors propose two aggregate measures of the quality of public infrastructure and use principal components to derive a composite indicator. Their analysis suggests that public infrastructure has both "flow" and "stock" effects on private investment in Egypt, but only a "stock" effect in Jordan and Tunisia. But these effects are small and short-lived, reflecting the unfavorable environment for private investment in their sample of countries. Reducing unproductive public capital expenditure and improving quality must be accompanied by policy reforms aimed at limiting investment to infrastructure capital that crowds in the private sector and corrects for fundamental market failures. This will entail privatization and greater involvement of the private sector in infrastructure investment. While infrastructure (in the form of the provision of critical telecommunications, transport, and energy services) is important, other improvements in the environment in which domestic investment is conducted are crucial. These include the need to provide financing on adequate terms and guarantee a secure and efficient justice system. "--World Bank web site | |
| 534 | |c 2005 | ||
| 653 | |a Infrastructure (Economics) |a Egypt | ||
| 653 | |a Infrastructure (Economics) |a Jordan | ||
| 653 | |a Infrastructure (Economics) |a Tunisia | ||
| 653 | |a Investments |a Egypt | ||
| 653 | |a Investments |a Jordan | ||
| 653 | |a Investments |a Tunisia | ||
| 700 | 1 | |a Nabli, Mustapha K. |d 1948- |e Verfasser |0 (DE-588)131683292 |4 aut | |
| 710 | 2 | |a World Bank |e Sonstige |4 oth | |
| 776 | 0 | 8 | |i Reproduktion von |a Agénor, Pierre-Richard, 1957- |t Public infrastructure and private investment in the Middle East and North Africa |d 2005 |
| 856 | 4 | 0 | |u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3661 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
| 912 | |a ZDB-1-WBA | ||
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-025445765 | |
Datensatz im Suchindex
| DE-BY-TUM_katkey | 1900682 |
|---|---|
| _version_ | 1824985669542346752 |
| adam_text | |
| any_adam_object | |
| author | Agénor, Pierre-Richard 1957- Nabli, Mustapha K. 1948- |
| author_GND | (DE-588)12408009X (DE-588)131683292 |
| author_facet | Agénor, Pierre-Richard 1957- Nabli, Mustapha K. 1948- |
| author_role | aut aut |
| author_sort | Agénor, Pierre-Richard 1957- |
| author_variant | p r a pra m k n mk mkn |
| building | Verbundindex |
| bvnumber | BV040618266 |
| callnumber-first | H - Social Science |
| callnumber-label | HG3881 |
| callnumber-raw | HG3881.5.W57 |
| callnumber-search | HG3881.5.W57 |
| callnumber-sort | HG 43881.5 W57 |
| callnumber-subject | HG - Finance |
| collection | ZDB-1-WBA |
| ctrlnum | (ZDB-1-WBA)093222130 (OCoLC)874233545 (DE-599)GBVNLM005458285 |
| discipline | Wirtschaftswissenschaften |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000 cb4500</leader><controlfield tag="001">BV040618266</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20250224</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">121206s2005 xxu o|||| 00||| eng d</controlfield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-1-WBA)093222130</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)874233545</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)GBVNLM005458285</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">XD-US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-12</subfield><subfield code="a">DE-1102</subfield><subfield code="a">DE-1051</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-863</subfield><subfield code="a">DE-862</subfield><subfield code="a">DE-522</subfield><subfield code="a">DE-858</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-1046</subfield><subfield code="a">DE-1047</subfield><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-2070s</subfield><subfield code="a">DE-M347</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-128</subfield><subfield code="a">DE-M352</subfield><subfield code="a">DE-70</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-150</subfield><subfield code="a">DE-155</subfield><subfield code="a">DE-22</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-384</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-19</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-706</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-Re13</subfield><subfield code="a">DE-523</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">HG3881.5.W57</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Agénor, Pierre-Richard</subfield><subfield code="d">1957-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)12408009X</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Public infrastructure and private investment in the Middle East and North Africa</subfield><subfield code="c">Pierre-Richard Agenor, Mustapha K. Nabli, Tarik M. Yousef</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">[Washington, D.C]</subfield><subfield code="b">World Bank</subfield><subfield code="c">2005</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (39 Seiten)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Policy research working paper</subfield><subfield code="v">3661</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Includes bibliographical references. - Title from PDF file as viewed on 8/18/2005</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Erscheinungsjahr in Vorlageform:[2005]</subfield></datafield><datafield tag="520" ind1="1" ind2=" "><subfield code="a">"The authors examine the impact of public infrastructure on private capital formation in three countries of the Middle East and North Africa-Egypt, Jordan, and Tunisia. They highlight various channels through which public infrastructure may affect private investment. Then they describe their empirical framework, which is based on a vector autoregression (VAR) model that accounts for flows and (quality-adjusted) stocks of public infrastructure, private investment, as well as changes in output, private sector credit, and the real exchange rate. The authors propose two aggregate measures of the quality of public infrastructure and use principal components to derive a composite indicator. Their analysis suggests that public infrastructure has both "flow" and "stock" effects on private investment in Egypt, but only a "stock" effect in Jordan and Tunisia. But these effects are small and short-lived, reflecting the unfavorable environment for private investment in their sample of countries. Reducing unproductive public capital expenditure and improving quality must be accompanied by policy reforms aimed at limiting investment to infrastructure capital that crowds in the private sector and corrects for fundamental market failures. This will entail privatization and greater involvement of the private sector in infrastructure investment. While infrastructure (in the form of the provision of critical telecommunications, transport, and energy services) is important, other improvements in the environment in which domestic investment is conducted are crucial. These include the need to provide financing on adequate terms and guarantee a secure and efficient justice system. "--World Bank web site</subfield></datafield><datafield tag="534" ind1=" " ind2=" "><subfield code="c">2005</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Infrastructure (Economics)</subfield><subfield code="a">Egypt</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Infrastructure (Economics)</subfield><subfield code="a">Jordan</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Infrastructure (Economics)</subfield><subfield code="a">Tunisia</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Investments</subfield><subfield code="a">Egypt</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Investments</subfield><subfield code="a">Jordan</subfield></datafield><datafield tag="653" ind1=" " ind2=" "><subfield code="a">Investments</subfield><subfield code="a">Tunisia</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Nabli, Mustapha K.</subfield><subfield code="d">1948-</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)131683292</subfield><subfield code="4">aut</subfield></datafield><datafield tag="710" ind1="2" ind2=" "><subfield code="a">World Bank</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Reproduktion von</subfield><subfield code="a">Agénor, Pierre-Richard, 1957-</subfield><subfield code="t">Public infrastructure and private investment in the Middle East and North Africa</subfield><subfield code="d">2005</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3661</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-1-WBA</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-025445765</subfield></datafield></record></collection> |
| id | DE-604.BV040618266 |
| illustrated | Not Illustrated |
| indexdate | 2025-02-24T15:01:15Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-025445765 |
| oclc_num | 874233545 |
| open_access_boolean | |
| owner | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
| owner_facet | DE-12 DE-1102 DE-1051 DE-521 DE-863 DE-BY-FWS DE-862 DE-BY-FWS DE-522 DE-858 DE-573 DE-860 DE-1046 DE-1047 DE-Aug4 DE-2070s DE-M347 DE-1049 DE-898 DE-BY-UBR DE-128 DE-M352 DE-70 DE-92 DE-150 DE-155 DE-BY-UBR DE-22 DE-BY-UBG DE-91 DE-BY-TUM DE-384 DE-473 DE-BY-UBG DE-19 DE-BY-UBM DE-739 DE-20 DE-703 DE-706 DE-355 DE-BY-UBR DE-29 DE-859 DE-Re13 DE-BY-UBR DE-523 |
| physical | 1 Online-Ressource (39 Seiten) |
| psigel | ZDB-1-WBA |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | World Bank |
| record_format | marc |
| series2 | Policy research working paper |
| spellingShingle | Agénor, Pierre-Richard 1957- Nabli, Mustapha K. 1948- Public infrastructure and private investment in the Middle East and North Africa |
| title | Public infrastructure and private investment in the Middle East and North Africa |
| title_auth | Public infrastructure and private investment in the Middle East and North Africa |
| title_exact_search | Public infrastructure and private investment in the Middle East and North Africa |
| title_full | Public infrastructure and private investment in the Middle East and North Africa Pierre-Richard Agenor, Mustapha K. Nabli, Tarik M. Yousef |
| title_fullStr | Public infrastructure and private investment in the Middle East and North Africa Pierre-Richard Agenor, Mustapha K. Nabli, Tarik M. Yousef |
| title_full_unstemmed | Public infrastructure and private investment in the Middle East and North Africa Pierre-Richard Agenor, Mustapha K. Nabli, Tarik M. Yousef |
| title_short | Public infrastructure and private investment in the Middle East and North Africa |
| title_sort | public infrastructure and private investment in the middle east and north africa |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3661 |
| work_keys_str_mv | AT agenorpierrerichard publicinfrastructureandprivateinvestmentinthemiddleeastandnorthafrica AT nablimustaphak publicinfrastructureandprivateinvestmentinthemiddleeastandnorthafrica AT worldbank publicinfrastructureandprivateinvestmentinthemiddleeastandnorthafrica |