Promoting Regional Economic Growth in Greece by Investing in Public Infrastructure

10.1068/c9761 ◽  
2002 ◽  
Vol 20 (3) ◽  
pp. 393-419 ◽  
Author(s):  
Antonis Rovolis ◽  
Nigel Spence
Keyword(s):  
Network Effects ◽  
Development Process ◽  
Regional Scale ◽  
Private Investment ◽  
Public Capital ◽  
Positive Contribution ◽  
Social Infrastructure ◽  
Public Infrastructure ◽  
The Impact

The role of public infrastructure capital in the development process, either at national or at regional levels, was a relatively neglected area of research until recently. The innovatory work of Aschauer, and the ensuing debate between himself, Munnell, and Holtz-Eakin regarding the role of infrastructure in the development process in the USA, has spawned much interest in the issue. The authors aim to assess the impact of public capital on Greek manufacturing industries, especially focused at the regional scale. Capital stocks were estimated for the private and public sectors and Cobb—Douglas production functions were used in the analytical framework. The results suggest that the role of private capital in economic development in recent times has been marginal, as private investment has declined, whereas the role of labour and public capital has been both positive and significant. The authors segregate public capital into ‘productive’ and ‘social’ infrastructure; they argue that when productive infrastructure makes a positive contribution to production output, the impact of social infrastructure is insignificant and/or negative in most cases. The network effects of infrastructure are also estimated.

The impact of applying good governance standards in reducing corruption and achieving sustainable development in Yemen

2021 ◽  
Vol 26 ◽  
pp. 769-791
Keyword(s):  
Sustainable Development ◽  
Development Process ◽  
Good Governance ◽  
Arab Countries ◽  
Significant Decline ◽  
The Core ◽  
Efficiency And Effectiveness ◽  
Political Economic ◽  
The Impact

This paper aims to highlight the role of applying good governance standards in reducing corruption and achieving sustainable development in Yemen, since good governance represents the core of the development process of countries and societies. Good governance is based on the principle of transparency, accountability, efficiency and effectiveness in order to raise the capacity and efficiency of the state and make it more capable and effective to achieve sustainable development. Corruption in all its forms is one of the biggest obstacles to sustainable development in Yemen, and a major reason for wasting state resources and limiting foreign investment, and thus the expansion of poverty, the poor, and other effects related to the failure to achieve sustainable development. Yemen is one of the most Arab countries facing major challenges in the field of implementing good governance and combating corruption in order to achieve sustainable development and achieve its goals at all political, economic, social and environment. This paper concluded that Yemen suffers from a lack of implementation and enforcement of good governance standards, as well as a rampant corruption, which has led to an expansion of poverty and a significant decline in development rates. Key words: Good Governance, Corruption, Sustainable development.

scholarly journals The Impact of the earlySTEM Program on Teacher and Student Outcomes: The Role of Teachers’ Involvement in the Program Development

2021 ◽  
Vol 9 (3) ◽  
pp. 371-405
Author(s):  
Zerrin Doganca Kucuk ◽  
Defne Yabas ◽  
Hayriye Sinem Boyaci ◽  
Mehmet Sencer Corlu
Keyword(s):  
Program Development ◽  
Student Outcomes ◽  
Development Process ◽  
National Curriculum ◽  
Cognitive Outcomes ◽  
Professional Outcomes ◽  
Different Types ◽  
The Impact ◽  
Academic Year

This research aimed to investigate and compare teachers’ conceptualizations of their students’ and their own outcomes of our earlySTEM program at the K4 level in two distinct roles: practitioners only and practitioners and program developers jointly. The study group included 66 teachers, 26 of whom had actively contributed to the development of the earlySTEM program. Teachers in both roles were supported by teacher guides, student books and workshops throughout the 8-month long academic year. Data was collected at the end of the academic year through an open-ended survey. The program developer teachers identified more student outcomes under more diverse categories while the practitioner teachers mainly concentrated on cognitive outcomes and limited their conceptualizations to the national curriculum. In addition, the program developer teachers valued their involvement in the program development process and expressed more diverse professional outcomes referring to different types of teacher knowledge.

Lex PPPs as a source of regulation of cross-border relations in the sphere of public-private partnership and the role of international organizations in formation of Lex PPPs

2021 ◽  
pp. 1-10
Author(s):  
Svetlana Valentinovna Maslova
Keyword(s):  
International Organizations ◽  
Private Investment ◽  
Legal Regulation ◽  
Public Private Partnership ◽  
Legal Doctrine ◽  
Private Partnership ◽  
Cross Border ◽  
State Actors ◽  
The Impact

Modern international and cross-border relations in the sphere of public-private partnership (PPP) undergo transformations caused by globalization processes, which leads to the amendments in their legal regulation. The impact of non-state actors increases. Although the toolset for influencing cross-border relations in the sphere of PPP retains its legal core, it is being extended by the rules established by non-state actors outside the international and national legal systems, and carry no legal weight. For PPP as a form of interaction between the state and private investment and business structures, such transformations are particularly noticeable and require precise legal qualification. The scientific novelty of this research consists in providing definition in the international legal doctrine to Lex PPPs as the regulator of cross-border relations in the sphere of public-private partnership. Based on the dialectical, logical, and formal-legal methods, assessment is given to the role of international organizations in the formation of Lex PPPs. In conclusion, the author clarifies the role of Lex PPPs within the system of regulators of public-private partnership, namely that it should not expel the legal regulation of cross-border relations in the sphere of public-private partnership; as well as offers to seek for the new forms of correlation between international law and Lex PPPs and their consolidation through the international legal regulation of public-private partnership.

The Role of Innovation Capital on the Public Infrastructure Project Performance in UAE

2021 ◽  
Vol 39 (10) ◽  
Author(s):  
Sulayem Saleh Musallam Saeed Almuharrami ◽  
Norhidayah Binti Mohamad
Keyword(s):  
Performance Improvement ◽  
United Arab Emirates ◽  
Project Performance ◽  
Primary Data ◽  
Public Infrastructure ◽  
The Public ◽  
Infrastructure Project ◽  
The Impact ◽  
Innovation Capital

UAE is one of the leading countries in the Middle East that has achieved a rapid growth in its economy over the last decades. In a few years, the UAE has built several infrastructure projects, which reflects the state trends towards improving the provided services to the public. The aim of this paper is to investigate the impact of innovation capital on the infrastructure project performance in the United Arab Emirates. This study used a quantitative method design. The population of this study comprised all unlisted infrastructure company providers within the UAE, while the sample was 293 employees from these companies. This study relies on the primary data measurements; the questionnaire instrument was used. The current study has found that there is a positive and significant relationship between innovation capital and infrastructure project performance improvement.

Multiple Firing Patterns in Deep Dorsal Horn Neurons of the Spinal Cord: Computational Analysis of Mechanisms and Functional Implications

2010 ◽  
Vol 104 (4) ◽  
pp. 1978-1996 ◽  
Author(s):  
Yann Le Franc ◽  
Gwendal Le Masson
Keyword(s):  
Spinal Cord ◽  
Dorsal Horn ◽  
Information Transfer ◽  
Network Effects ◽  
Neuronal Response ◽  
Sensory Information ◽  
Firing Patterns ◽  
Dorsal Horn Neurons ◽  
The Impact

Deep dorsal horn relay neurons (dDHNs) of the spinal cord are known to exhibit multiple firing patterns under the control of local metabotropic neuromodulation: tonic firing, plateau potential, and spontaneous oscillations. This work investigates the role of interactions between voltage-gated channels and the occurrence of different firing patterns and then correlates these two phenomena with their functional role in sensory information processing. We designed a conductance-based model using the NEURON software package, which successfully reproduced the classical features of plateau in dDHNs, including a wind-up of the neuronal response after repetitive stimulation. This modeling approach allowed us to systematically test the impact of conductance interactions on the firing patterns. We found that the expression of multiple firing patterns can be reproduced by changes in the balance between two currents (L-type calcium and potassium inward rectifier conductances). By investigating a possible generalization of the firing state switch, we found that the switch can also occur by varying the balance of any hyperpolarizing and depolarizing conductances. This result extends the control of the firing switch to neuromodulators or to network effects such as synaptic inhibition. We observed that the switch between the different firing patterns occurs as a continuous function in the model, revealing a particular intermediate state called the accelerating mode. To characterize the functional effect of a firing switch on information transfer, we used correlation analysis between a model of peripheral nociceptive afference and the dDHN model. The simulation results indicate that the accelerating mode was the optimal firing state for information transfer.

scholarly journals The Role of Participation in the Responsible Innovation Framework for Biofuels Projects: Can It Be Assessed?

2020 ◽  
Vol 12 (24) ◽  
pp. 10581 ◽  
Author(s):  
Andreia Marques Postal ◽  
Gabriela Benatti ◽  
Mar Palmeros Parada ◽  
Lotte Asveld ◽  
Patrícia Osseweijer ◽  
...  
Keyword(s):  
Development Process ◽  
Responsible Innovation ◽  
Structural Element ◽  
Innovation Development ◽  
Research And Innovation ◽  
The Social ◽  
The Impact ◽  
Responsible Research ◽  
Social And Environmental Impacts

The growth in biofuels’ investment brings with it concerns about the social and environmental impacts of the sector. Several tools and frameworks have been used to address these concerns, including the Responsible Research and Innovation (RRI) framework. This paper analyzes whether this framework can be applied in contexts where local culture and values shape differently the freedom of speech and engagement, such as in developing countries in which biofuel innovation projects are often implemented. A literature review focused on eight case studies of other authors was used to explore the role of “participation” as a structural element of the RRI framework and the impact of its absence where effective participation in the innovation development process is not possible. In conclusion, we highlight how this inspirational normative framework, designed to influence innovation, is misused to judge its impacts. More than that, the conclusions of such misused applications reflect more the difficulties involved in applying guidelines than the responsible character of the innovation, whose impacts are usually defined upfront materially and measurably.

Does public investment crowd-out private investment in India

2017 ◽  
Vol 9 (1) ◽  
pp. 50-69 ◽  
Author(s):  
Shanmugam Muthu
Keyword(s):  
Public Investment ◽  
Private Investment ◽  
Infrastructure Investment ◽  
Public Infrastructure ◽  
Public And Private ◽  
Content Type ◽  
Macroeconomic Uncertainty ◽  
Long Run ◽  
Short Run

Purpose The purpose of this paper is to examine the crowding-in or crowding-out relationship between public and private investment in India. Design/methodology/approach The autoregressive distributed lag (ARDL) bounds testing approach is used to estimate the long run relationship between public and private investment using annual data from 1971-1972 to 2009-2010. Findings Based on the empirical findings, it is observed that aggregate public investment has a positive effect on private investment both in the long run and the short run. In contrast to the findings of previous studies, no significant impact of public infrastructure investment on private investments is found in the long run, while non-infrastructure investment has a positive impact on private investment in the short run. Among the various categories of infrastructure sector, a positive and significant impact in the case of electricity, gas and water supply is observed. Similarly, the result indicates that public investment in machinery and equipment and construction have substantially influenced the private sector machinery and equipment in the long run and the short run. In the case of the role of macroeconomic uncertainty, the results find a negative and significant impact on private investment and the impact is higher in the short run than in the long run. Originality/value The present study extends the literature in three important ways: First, the study attempts to capture heterogeneity of public investment as well as disaggregate effects of two different categories of public infrastructure on private investment. The extent to which two different types of public assets impact the private investment in machinery and equipment investment is also examined. Second, ARDL model is used to examine the long-run relationship between public and private investment. Third, the study incorporates macroeconomic uncertainty into the empirical analysis to examine the role of macroeconomic volatility in determining private investment decision.

scholarly journals U.S. AID, The State, and Food Insecurity in Rural Zimbabwe: the Case of Gokwe

1994 ◽  
Vol 32 (1) ◽  
pp. 81-110 ◽  
Author(s):  
Edward D. Breslin
Keyword(s):  
Food Insecurity ◽  
Development Process ◽  
The State ◽  
Foreign Assistance ◽  
The Impact ◽  
Development Prospects

The rôle of foreign assistance in the development process is not only complex, because exogenous donors infuse ideas and capital into diverse and dynamic socio-economic settings, but also contentious, because the impact can alter the development prospects of recipient states and communities. Different perceptions and ideological underpinnings shape the parameters in which programmes are finally implemented, and the views of those most directly concerned affect the outcome of the intervention, often in ways unforeseen by the donor or state. The process of accumulation can be altered, whilst some classes and institutions may be strengthened over others.

scholarly journals Urbanisation and Food Security: An Overview

2016 ◽  
Vol 8 (4-3) ◽  
Author(s):  
Muhammad Uzair Azizan ◽  
Maryanti Mohd Raid ◽  
Khadijah Hussin
Keyword(s):  
Food Security ◽  
Agricultural Production ◽  
Development Process ◽  
Land Resources ◽  
Agriculture Sector ◽  
Economic Progress ◽  
The Status ◽  
The Impact ◽  
National Food Security

Urbanisation has given significant impact to various sectors, particularly in agriculture. Essentially, agricultural production activities depend heavily on land resources. At the same time, land is also needed as vital resources for the country development. Despite of the initiative of urbanism to better the country development process, it has raised concern among the land administrator regarding the status of the national’s food security. Food security has been threatened by the needs of the physical development due to urbanisation. Therefore, this article attempts to study the impact of urbanisation on the agriculture sector and examined the role of urbanism to safeguard the land resources for food security purposes. It is hope that, this article will form an inclusive understanding regarding the idea of urbanism in pursuing the betterment of an economic progress without compromising the needs for the national food security.

scholarly journals Public and Private Infrastructure Investment and Economic Growth in Pakistan: An Aggregate and Disaggregate Analysis

2019 ◽  
Vol 11 (12) ◽  
pp. 3359 ◽  
Author(s):  
Javid
Keyword(s):  
Economic Growth ◽  
Private Investment ◽  
Ordinary Least Squares ◽  
Policy Implications ◽  
Infrastructure Investment ◽  
Public Infrastructure ◽  
Reverse Causality ◽  
Public And Private ◽  
Infrastructure Investments ◽  
The Impact

This study investigates the relationship between infrastructure investment and economic growth at the aggregate and sectoral levels, namely, the industrial, agriculture, and services sectors for Pakistan over the period from 1972 to 2015. In contrast to earlier literature, we make a comparative analysis of the different composition of infrastructure investments, including public versus private investment and infrastructure investment in sub-sectors such as in power, roads, and telecommunication sectors. The long-run relationship is estimated using fully modified ordinary least squares (FMOLS) to address the problem of reverse causality. The main conclusion of this study is that both public and private infrastructure investments have positive but different effects on economic growth. In other words, the marginal productivities of private and public infrastructure investments differ across the different sectors of the economy. In most of the cases, public infrastructure investment has a larger impact on economic growth than private infrastructure investment. Two important policy implications emerge from this study, as follows: (1) The different elasticity estimates can be used by policy makers to quantify the impact of policies targeted at the specific sector and (2) the government should develop an enabled policy environment to attract private investment, with the consideration of structural characteristics of the various sectors. The involvement of the private sector in the provision of infrastructure would help to control the tight budgetary situation.

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