Description |
1 online resource (262 pages) |
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text file |
Bibliography |
Includes bibliographical references and index. |
Contents |
Introduction and overview -- Basic channels -- Public capital and education -- Public capital and health -- Public capital and innovation -- Public capital and women's time allocation -- Public capital and poverty traps -- Research perspectives -- Lessons for public policy. |
Summary |
"This book explores the different channels through which public capital in infrastructure may affect growth and human welfare, and develops a series of formal models for understanding how these channels operate. Bringing together a vast amount of research in one unifying framework, Pierre-Richard Agénor finds that in considering investment in infrastructure, a variety of externalities need to be factored into analytical models and introduced in policy debates. Lack of access to infrastructure not only constrains the expansion of markets and private investment, it may also hinder the achievement of health and education targets. Ease of access, conversely, promotes innovation and empowers women by allowing them to reallocate their time to productive uses. Laying a solid foundation of economic facts and ideas, Public Capital, Growth, and Welfare provides a comprehensive look at the critical role of public capital in development."--Publisher's website. |
Local Note |
eBooks on EBSCOhost EBSCO eBook Subscription Academic Collection - North America |
Subject |
Capital investments.
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Capital investments. |
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Economic development.
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Economic development. |
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Public welfare.
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Public welfare. |
Genre/Form |
Electronic books.
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Other Form: |
Print version: Agénor, Pierre-Richard. Public capital, growth and welfare. Princeton : Princeton University Press, ©2012 9780691155807 (DLC) 2012022671 (OCoLC)792880987 |
ISBN |
9781400845392 (electronic book) |
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1400845394 (electronic book) |
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9781283864145 |
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1283864142 |
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9780691155807 (hardback : alkaline paper) |
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0691155801 (hardback : alkaline paper) |
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