Measuring Welfare Gains from Better Quality Infrastructure

Measuring Welfare Gains from Better Quality Infrastructure
Title Measuring Welfare Gains from Better Quality Infrastructure PDF eBook
Author Irina Klytchnikova
Publisher
Pages 34
Release 2016
Genre
ISBN

Download Measuring Welfare Gains from Better Quality Infrastructure Book in PDF, Epub and Kindle

Projects and reforms targeting infrastructure services can affect consumer welfare through changes in the price, coverage, or quality of the services provided. The benefits of improved service quality - while significant - are often overlooked because they are difficult to quantify. This paper reviews methods of evaluating the welfare implications of changes in the quality of infrastructure services within the broader theoretical perspective of welfare measurement. The study outlines the theoretical assumptions and data requirements involved, illustrating each method with examples that highlight common methodological features and differences. The paper also presents the theoretical underpinnings and potential applications of a new approach to analyzing the effects of interruptions in the supply of infrastructure services on household welfare.

Measuring Welfare Gains from Better Quality Infrastructure

Measuring Welfare Gains from Better Quality Infrastructure
Title Measuring Welfare Gains from Better Quality Infrastructure PDF eBook
Author Irina Klytchnikova
Publisher
Pages 40
Release 2007
Genre Infrastructure (Economics)
ISBN

Download Measuring Welfare Gains from Better Quality Infrastructure Book in PDF, Epub and Kindle

"Projects and reforms targeting infrastructure services can affect consumer welfare through changes in the price, coverage, or quality of the services provided. The benefits of improved service quality-while significant-are often overlooked because they are difficult to quantify. This paper reviews methods of evaluating the welfare implications of changes in the quality of infrastructure services within the broader theoretical perspective of welfare measurement. The study outlines the theoretical assumptions and data requirements involved, illustrating each method with examples that highlight common methodological features and differences. The paper also presents the theoretical underpinnings and potential applications of a new approach to analyzing the effects of interruptions in the supply of infrastructure services on household welfare."--Cover verso.

Ensuring Quality to Gain Access to Global Markets

Ensuring Quality to Gain Access to Global Markets
Title Ensuring Quality to Gain Access to Global Markets PDF eBook
Author Martin Kellermann
Publisher World Bank Publications
Pages 275
Release 2019-04-09
Genre Business & Economics
ISBN 1464813728

Download Ensuring Quality to Gain Access to Global Markets Book in PDF, Epub and Kindle

In a modern world with rapidly growing international trade, countries compete less based on the availability of natural resources, geographical advantages, and lower labor costs and more on factors related to firms' ability to enter and compete in new markets. One such factor is the ability to demonstrate the quality and safety of goods and services expected by consumers and confirm compliance with international standards. To assure such compliance, a sound quality infrastructure (QI) ecosystem is essential. Jointly developed by the World Bank Group and the National Metrology Institute of Germany, this guide is designed to help development partners and governments analyze a country's quality infrastructure ecosystems and provide recommendations to design and implement reforms and enhance the capacity of their QI institutions.

The Welfare Multiplier of Public Infrastructure Investment

The Welfare Multiplier of Public Infrastructure Investment
Title The Welfare Multiplier of Public Infrastructure Investment PDF eBook
Author Mr.Giovanni Ganelli
Publisher International Monetary Fund
Pages 27
Release 2016-02-29
Genre Business & Economics
ISBN 1475516673

Download The Welfare Multiplier of Public Infrastructure Investment Book in PDF, Epub and Kindle

We analyze the welfare multipliers of public spending (the consumption equivalent change in welfare for one dollar change in public spending) in a DSGE model. The welfare multipliers of public infrastructure investment are positive if infrastructure is sufficiently effective. When the medium-term output multipliers are consistent with the empirical estimates (1-1.4), the welfare multiplier is 0.8. That is, a dollar spent by the government for investment raises domestic welfare by equivalent of 0.8 dollars of private consumption. This suggests that the welfare gains of public infrastructure investment, if chosen wisely, may be substantial.

Measuring and Improving Infrastructure Performance

Measuring and Improving Infrastructure Performance
Title Measuring and Improving Infrastructure Performance PDF eBook
Author National Research Council
Publisher National Academies Press
Pages 132
Release 1995-01-01
Genre Technology & Engineering
ISBN 0309132568

Download Measuring and Improving Infrastructure Performance Book in PDF, Epub and Kindle

The nation's physical infrastructure facilitates movement of people and goods; provides safe water; provides energy when and where needed; removes wastes; enables rapid communications; and generally supports our economy and quality of life. Developing a framework for guiding attempts at measuring the performance of infrastructure systems and grappling with the concept of defining good performance are the major themes of this book. Focusing on urban regions, within a context of national policy, the volume provides the basis for further in-depth analysis and application at the local, regional, state, and national levels.

The Measurement of the Economic Benefits of Infrastructure Services

The Measurement of the Economic Benefits of Infrastructure Services
Title The Measurement of the Economic Benefits of Infrastructure Services PDF eBook
Author Walter E Diewert
Publisher
Pages 216
Release 1986-10-01
Genre
ISBN 9783642510236

Download The Measurement of the Economic Benefits of Infrastructure Services Book in PDF, Epub and Kindle

World Development Report 1994

World Development Report 1994
Title World Development Report 1994 PDF eBook
Author
Publisher World Bank Publications
Pages 268
Release 1994
Genre Business & Economics
ISBN 9780195209921

Download World Development Report 1994 Book in PDF, Epub and Kindle

World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.