Infrastructure and Development: A Critical Appraisal of the Macro-level Literature
批判性评述了基础设施与发展之间关系的宏观实证文献,讨论了识别基础设施对产出和生产率影响的主要计量挑战,并基于契约理论和政治经济学提出了未来研究方向。
Abstract\n This survey reviews the existing macro-level empirical literature on the link between infrastructure and development in a critical light. After providing a general framework that casts the problem in the context of an aggregate production function, it signals what are the relevant empirical questions to be addressed. This guides the systematic review of a number of empirical studies and the discussion of the main econometric challenges to the identification of the effect of infrastructure on output and productivity. Finally, building on related research, in particular in contract theory and political economy, the paper spells out several promising research avenues.