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PUBLIC INFRASTRUCTURE: DEFINITION, CLASSIFICATION AND MEASUREMENT ISSUES

PUBLIC INFRASTRUCTURE: DEFINITION, CLASSIFICATION AND MEASUREMENT ISSUES Beginning from the end of the 1980s, many studies analysing the relationship between infrastructure endowment and economic development have been realised. A general consensus is achieved around the idea that basic infrastructure facilities are important features related to economic performance, although both magnitude and causality direction are debated. A peculiar feature of these studies is that, across them, different empirical and theoretical entities are referred to infrastructure without a shared conceptual framework. This article develops a conceptual analysis to critically interpret the existing literature, reviewing different infrastructure definitions, classifications, and, measurement used across studies. JEL: H10, H54, K40 http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

PUBLIC INFRASTRUCTURE: DEFINITION, CLASSIFICATION AND MEASUREMENT ISSUES

GIANPIERO TORRISI
Economics, Management, and Financial Markets , Volume 4 (3): 100-124 – Jan 1, 2010
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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
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Abstract

Beginning from the end of the 1980s, many studies analysing the relationship between infrastructure endowment and economic development have been realised. A general consensus is achieved around the idea that basic infrastructure facilities are important features related to economic performance, although both magnitude and causality direction are debated. A peculiar feature of these studies is that, across them, different empirical and theoretical entities are referred to infrastructure without a shared conceptual framework. This article develops a conceptual analysis to critically interpret the existing literature, reviewing different infrastructure definitions, classifications, and, measurement used across studies. JEL: H10, H54, K40

Journal

Economics, Management, and Financial Markets – Addleton Academic Publishers

Published: Jan 1, 2010

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