id okr-10986-14129
recordtype oai_dc
spelling okr-10986-141292021-04-23T14:03:21Z Trends in Infrastructure in Latin America, 1980-2001 Calderón, César Servén, Luis AIRPORTS CENTRAL BANK COMPETITIVENESS DRINKING WATER ECONOMIC DEVELOPMENT ELASTICITY ELECTRICITY ELECTRICITY GENERATION EMPIRICAL ANALYSIS ENDOWMENTS EXCESS DEMAND EXPENDITURES FISCAL DISCIPLINE GDP INCOME INCOME LEVELS INDUSTRIAL ECONOMIES INFRASTRUCTURE QUALITY INFRASTRUCTURE SERVICES INVESTMENT EXPENDITURES LABOR FORCE LAGS LOCAL AUTHORITIES LOCAL GOVERNMENTS MIDDLE INCOME COUNTRIES MUNICIPALITIES PER CAPITA INCOME PORTS PRIVATE SECTOR PRODUCTION FUNCTION PROVISION OF INFRASTRUCTURE PUBLIC ENTERPRISES PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SPENDING ROADS TELECOMMUNICATIONS TIME SERIES TOTAL OUTPUT TRANSPORTATION UNITED NATIONS URBANIZATION WATER SYSTEMS There is widespread concern across Latin America that the provision of infrastructure services has suffered as a consequence of the retrenchment of the public sector and the insufficient response of the private sector to the opening up of infrastructure industries to private participation in most countries. The authors document the recent trends in infrastructure stocks and infrastructure investment in major Latin American economies. Using an updated dataset constructed for this task, the authors describe the evolution of the quantity and quality of infrastructure assets-power, transport, and telecommunications-as well as the investment expenditures of the public and private sectors. They find that Latin America lags behind the international norm in terms of infrastructure quantity and quality, and there is little evidence that the gap may be closing-except in the telecommunications sector. Furthermore, overall infrastructure investment has fallen, as a combined result of the retrenchment of public investment and the limited response of the private sector, which has been mostly confined to the telecommunications industry. However, there is considerable disparity across countries. On the whole the data show that the countries most successful in attracting large volumes of private investment (Bolivia, Chile, and Colombia) are precisely those where public investment has remained high. 2013-06-21T19:23:06Z 2013-06-21T19:23:06Z 2004-09 http://documents.worldbank.org/curated/en/2004/09/5144639/trends-infrastructure-latin-america-1980-2001 http://hdl.handle.net/10986/14129 English en_US Policy Research Working Paper;No.3401 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AIRPORTS
CENTRAL BANK
COMPETITIVENESS
DRINKING WATER
ECONOMIC DEVELOPMENT
ELASTICITY
ELECTRICITY
ELECTRICITY GENERATION
EMPIRICAL ANALYSIS
ENDOWMENTS
EXCESS DEMAND
EXPENDITURES
FISCAL DISCIPLINE
GDP
INCOME
INCOME LEVELS
INDUSTRIAL ECONOMIES
INFRASTRUCTURE QUALITY
INFRASTRUCTURE SERVICES
INVESTMENT EXPENDITURES
LABOR FORCE
LAGS
LOCAL AUTHORITIES
LOCAL GOVERNMENTS
MIDDLE INCOME COUNTRIES
MUNICIPALITIES
PER CAPITA INCOME
PORTS
PRIVATE SECTOR
PRODUCTION FUNCTION
PROVISION OF INFRASTRUCTURE
PUBLIC ENTERPRISES
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC SECTOR
PUBLIC SPENDING
ROADS
TELECOMMUNICATIONS
TIME SERIES
TOTAL OUTPUT
TRANSPORTATION
UNITED NATIONS
URBANIZATION
WATER SYSTEMS
spellingShingle AIRPORTS
CENTRAL BANK
COMPETITIVENESS
DRINKING WATER
ECONOMIC DEVELOPMENT
ELASTICITY
ELECTRICITY
ELECTRICITY GENERATION
EMPIRICAL ANALYSIS
ENDOWMENTS
EXCESS DEMAND
EXPENDITURES
FISCAL DISCIPLINE
GDP
INCOME
INCOME LEVELS
INDUSTRIAL ECONOMIES
INFRASTRUCTURE QUALITY
INFRASTRUCTURE SERVICES
INVESTMENT EXPENDITURES
LABOR FORCE
LAGS
LOCAL AUTHORITIES
LOCAL GOVERNMENTS
MIDDLE INCOME COUNTRIES
MUNICIPALITIES
PER CAPITA INCOME
PORTS
PRIVATE SECTOR
PRODUCTION FUNCTION
PROVISION OF INFRASTRUCTURE
PUBLIC ENTERPRISES
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC SECTOR
PUBLIC SPENDING
ROADS
TELECOMMUNICATIONS
TIME SERIES
TOTAL OUTPUT
TRANSPORTATION
UNITED NATIONS
URBANIZATION
WATER SYSTEMS
Calderón, César
Servén, Luis
Trends in Infrastructure in Latin America, 1980-2001
geographic_facet Latin America & Caribbean
relation Policy Research Working Paper;No.3401
description There is widespread concern across Latin America that the provision of infrastructure services has suffered as a consequence of the retrenchment of the public sector and the insufficient response of the private sector to the opening up of infrastructure industries to private participation in most countries. The authors document the recent trends in infrastructure stocks and infrastructure investment in major Latin American economies. Using an updated dataset constructed for this task, the authors describe the evolution of the quantity and quality of infrastructure assets-power, transport, and telecommunications-as well as the investment expenditures of the public and private sectors. They find that Latin America lags behind the international norm in terms of infrastructure quantity and quality, and there is little evidence that the gap may be closing-except in the telecommunications sector. Furthermore, overall infrastructure investment has fallen, as a combined result of the retrenchment of public investment and the limited response of the private sector, which has been mostly confined to the telecommunications industry. However, there is considerable disparity across countries. On the whole the data show that the countries most successful in attracting large volumes of private investment (Bolivia, Chile, and Colombia) are precisely those where public investment has remained high.
format Publications & Research :: Policy Research Working Paper
author Calderón, César
Servén, Luis
author_facet Calderón, César
Servén, Luis
author_sort Calderón, César
title Trends in Infrastructure in Latin America, 1980-2001
title_short Trends in Infrastructure in Latin America, 1980-2001
title_full Trends in Infrastructure in Latin America, 1980-2001
title_fullStr Trends in Infrastructure in Latin America, 1980-2001
title_full_unstemmed Trends in Infrastructure in Latin America, 1980-2001
title_sort trends in infrastructure in latin america, 1980-2001
publisher World Bank, Washington, D.C.
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/09/5144639/trends-infrastructure-latin-america-1980-2001
http://hdl.handle.net/10986/14129
_version_ 1764430580998471680