Public Infrastructure and Private Investment in the Middle East and North Africa

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 empirica...

Full description

Bibliographic Details
Main Authors:	Agénor, Pierre-Richard, Nabli, Mustapha K., Yousef, Tarik M.
Format:	Publications & Research
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ACCELERATOR ACCELERATOR EFFECT ACCOUNTING AGGREGATE DEMAND AUTOREGRESSION BANKING SYSTEMS BUSINESS CYCLE CAPITAL ACCOUNT CAPITAL EXPENDITURES CAPITAL FORMATION CAPITAL GOODS CAPITAL MARKETS COST OF CAPITAL CREDIT RATIONING CROWDING OUT DEBT DEVELOPING COUNTRIES DISTORTIONARY TAXES DOMESTIC INTEREST RATES DOMESTIC PRICE DOMESTIC PRICES ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION ELECTRICITY GENERATION EMPIRICAL ANALYSIS EMPIRICAL STUDIES EXCESS DEMAND EXCHANGE RATE EXPENDITURES EXTERNALITIES FINANCIAL MARKETS FINANCIAL SECTOR FOREIGN CAPITAL GDP GDP DEFLATOR GDP PER CAPITA GOVERNMENT BUDGET GOVERNMENT FINANCE GOVERNMENT FINANCE STATISTICS GOVERNMENT INTERVENTION GOVERNMENT SPENDING GROWTH RATE GROWTH RATES HUMAN CAPITAL IMPORTS INCOME INDIRECT EFFECTS INTEREST RATE INTEREST RATES INTERMEDIATE INPUTS INVENTORY INVESTMENT RATES LABOR MARKETS LABOR PRODUCTIVITY LONG TERM MARGINAL PRODUCTIVITY MIDDLE EAST MIDDLE-INCOME COUNTRIES MONOPOLIES NOMINAL EXCHANGE RATE NOMINAL INTEREST RATES NORTH AFRICA OIL OUTPUT GROWTH PERCEIVED RISK POLICY RESEARCH PRIVATE AGENTS PRIVATE CONSUMPTION PRIVATE CONSUMPTION DEMAND PRIVATE INVESTMENT PRIVATE SECTOR PRIVATIZATION PRODUCTION COSTS PRODUCTIVITY PROPERTY RIGHTS PUBLIC CAPITAL PUBLIC CAPITAL SPENDING PUBLIC CONSUMPTION PUBLIC DEBT PUBLIC INVESTMENT PUBLIC INVESTMENT IN INFRASTRUCTURE PUBLIC SECTOR PUBLIC SPENDING REAL APPRECIATION REAL EXCHANGE REAL EXCHANGE RATE REAL GDP REAL INTEREST REAL INTEREST RATE RELATIVE PRICE RELATIVE PRICES RESOURCE ALLOCATION RISK PREMIUM SCALE EFFECT SIDE EFFECTS SOCIAL SERVICES STANDARD DEVIATION STRUCTURAL REFORMS SUB-SAHARAN AFRICA SUBSTITUTION EFFECT SUPPLY CURVE TAX RATES TAX REVENUE TAXATION TELECOMMUNICATIONS TIME SERIES TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADABLE GOODS UNEMPLOYMENT UNEMPLOYMENT RATES VAR MODELS WATER SUPPLY WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2005/07/6054340/public-infrastructure-private-investment-middle-east-north-africa http://hdl.handle.net/10986/8208

Internet

http://documents.worldbank.org/curated/en/2005/07/6054340/public-infrastructure-private-investment-middle-east-north-africa
http://hdl.handle.net/10986/8208

Public Infrastructure and Private Investment in the Middle East and North Africa

Internet

Similar Items