Investing in Infrastructure: What is Needed from 2000 to 2010?

By Maria Fay, Tito Yepes. 2003

258 citations recorded by the source corpus.

The authors estimate demand for infrastructure services over the first decade of the new millennium based on a model that relates demand for infrastructure with the structural change and growth in income the world is expected to undergo between now and 2010. It should be noted that predictions are based on estimated demand rather than on any absolute measure of"need"such as those developed in the Millenium Development Goals. The authors also provide estimates of associated investment and maintenance expenditures and predict total required resource flows to satisfy new demand while maintaining service for existing infrastructure.

Subfields: Economics and Econometrics, Management, Monitoring, Policy and Law

View Paper: https://www.semanticscholar.org/paper/3da6053e471bc3c45f9706a640aab037b92de840

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Citations in the corpus

Economic growth in South Asia: Role of infrastructure (2012, background): “A study by Fay and Yepes (2003) indicate that the South”
Does aid for trade enhance export performance? Investigating on the infrastructure channel (2012, methodology): “(2005) and Francois and Manchin (2007), we construct an index of infrastructure which includes kilometres of road and paved road (on total area, in km2), and the number of subscribers to mobile and fixed lines (per 100 people) from the World Development Indicators (WDI) database.”
Emerging solutions to the water challenges of an urbanizing world (2016, background): “However, other literature estimates are highly variable, from US$190 billion year to US$1037 billion year (13, 14).”
Determinants of PPP in infrastructure in developing economies (2012, background): “(Reside, 2009; Gasmi et al., 2008). Not only tariff rate, but several other factors, i.e. regulatory and macroeconomic environments are also dependent on the political environment. Studies of Sachs et al. (2007), Reside (2009), Reside and Mendoza (2010) and Chan et al.”
Infrastructure and growth in South Africa : direct and indirect productivity impacts of 19 infrastructure measures (2006, unknown): “In estimation, Fay (2001) and Fay and Yepes (2003) employ ﬁ xed e ﬀ ects estimation, in which ﬁ xed e ﬀ ects are to control for the unobservable aggregate infrastructure price, q I w , and technology dimensions.”
Challenges of African growth opportunities, constraints and strategic directions / Benno Ndulu with Lopamudra Chakraborti, Lebohang Lijane, Vijaya Ramachandran and Jerome Wolgin; advance ed (2007, background): “Fay and Yepes (2003) estimated the financing requirements for meeting projected worldwide demand for infrastructure services between 2000 and 2010.”
Measuring Corruption in Infrastructure: Evidence from Transition and Developing Countries (2009, methodology): “Based on investment and maintenance estimates from Fay and Yepes (2003).”
Foreign Direct Investment in Infrastructure in Developing Countries: Does Regulation Make a Difference? (2004, background): “The investment decision is expected to be influenced by the need for additional infrastructure provision if, for example, poverty reduction is to be achieved (Leipziger et al, 2003; Fay and Yepes, 2003).”
Private Provision of Infrastructure in Emerging Markets: Do Institutions Matter? (2006, unknown): “For instance, Fay and Yepes (2003) predict that producer and consumer demand for infrastructure in emerging markets will grow exponentially, based on a growth projection of 2.7% per year between 2005 and 2010.”
Investment Needs to Achieve the Sustainable Development Goals Understanding the Billions and Trillions (2015, methodology): “Draws on unit cost estimates derived from an analysis of best practice compiled by Fay and Yepes (2003).”
Current Debates on Infrastructure Policy (2007, unknown): “Demand: What level of infrastructure coverage will be demanded by firms and consumers for given growth projections? This is the approach followed in Fay and Yepes (2003). Engineering-economic models:”