Benchmarking Infrastructure Using Public Investment Efficiency Frontiers /
With limited financing options, increasing investment efficiency will be a critical avenue to building infrastructure for many countries, particularly in the context of post-pandemic recovery and rising debt emanating from higher energy costs and other pressures. Estimating investment efficiency, ho...
| Main Author: | |
|---|---|
| Other Authors: | , |
| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2023
|
| Series: | IMF Working Papers; Working Paper ;
No. 2023/101 IMF eLibrary |
| Subjects: |
| LEADER | 04827nam a22008294i 4500 | ||
|---|---|---|---|
| 001 | 4f37de5b-f72f-4e8c-8e6b-aea5f246ee72 | ||
| 005 | 20240609000000.0 | ||
| 008 | 020129s2023 dcu o i00 0 eng d | ||
| 020 | |c 0.00 USD | ||
| 020 | |c 20.00 USD | ||
| 020 | |z 9798400242786 | ||
| 020 | |z 9798400243196 | ||
| 022 | |a 1018-5941 | ||
| 022 | |a 2227-8885 | ||
| 024 | 7 | |a 10.5089/9798400242786.001 |2 doi | |
| 024 | 7 | |a 10.5089/9798400243196.001 |2 doi | |
| 035 | |a (IMF)IMFEWPIEA2023101 | ||
| 035 | |a (IMF)IMFEWPIEE2023101 | ||
| 040 | |a DcWaIMF |b eng |e rda | ||
| 100 | 1 | |a Kapsoli, Javier | |
| 245 | 1 | 0 | |a Benchmarking Infrastructure Using Public Investment Efficiency Frontiers / |c Javier Kapsoli, Tewodaj Mogues, Genevieve Verdier |
| 264 | 1 | |a Washington, D.C. : |b International Monetary Fund, |c 2023 | |
| 300 | |a 1 online resource (32 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers | |
| 500 | |a Part of the IMF eLibrary collection | ||
| 506 | |a Restricted for use by site license. | ||
| 520 | 3 | |a With limited financing options, increasing investment efficiency will be a critical avenue to building infrastructure for many countries, particularly in the context of post-pandemic recovery and rising debt emanating from higher energy costs and other pressures. Estimating investment efficiency, however, presents many methodological pitfalls. Using various methods--stochastic frontier analysis, data envelopment analysis (DEA), and bootstrapped DEA-this paper estimates efficiency scores for a wide range of countries employing metrics of infrastructure quantity and utilization. We find that efficiency scores are relatively robust across methodologies and data used. A considerable efficiency gap exists: Removing all inefficiencies could increase infrastructure output by 55 percent overall, when averaging across 12 estimation approaches-in particular, by 45 percent for advanced economies, 54 percent for emerging countries, and 65 percent for low income countries. Infrastructure output would increase by a still-sizeable 30 percent if instead of eliminating all efficiency, countries achieved the efficiency level of their income group's 90th percentile | |
| 588 | |a Description based on print version record | ||
| 650 | 7 | |a Aggregate Factor Income Distribution |2 imf | |
| 650 | 7 | |a Capacity |2 imf | |
| 650 | 7 | |a Capital |2 imf | |
| 650 | 7 | |a Currency crises |2 imf | |
| 650 | 7 | |a Economic & financial crises & disasters |2 imf | |
| 650 | 7 | |a Economics of specific sectors |2 imf | |
| 650 | 7 | |a Economics |2 imf | |
| 650 | 7 | |a Economics: General |2 imf | |
| 650 | 7 | |a Expenditure |2 imf | |
| 650 | 7 | |a Financial Instruments |2 imf | |
| 650 | 7 | |a Financial institutions |2 imf | |
| 650 | 7 | |a Income |2 imf | |
| 650 | 7 | |a Industry Studies: Transportation and Utilities: General |2 imf | |
| 650 | 7 | |a Informal sector |2 imf | |
| 650 | 7 | |a Infrastructure |2 imf | |
| 650 | 7 | |a Institutional Investors |2 imf | |
| 650 | 7 | |a Intangible Capital |2 imf | |
| 650 | 7 | |a Investment & securities |2 imf | |
| 650 | 7 | |a Investment |2 imf | |
| 650 | 7 | |a Investments: Stocks |2 imf | |
| 650 | 7 | |a Macroeconomics |2 imf | |
| 650 | 7 | |a National Government Expenditures and Related Policies: Infrastructures |2 imf | |
| 650 | 7 | |a National accounts |2 imf | |
| 650 | 7 | |a Non-bank Financial Institutions |2 imf | |
| 650 | 7 | |a Other Public Investment and Capital Stock |2 imf | |
| 650 | 7 | |a Pension Funds |2 imf | |
| 650 | 7 | |a Public Economics: Miscellaneous Issues: General |2 imf | |
| 650 | 7 | |a Public Finance |2 imf | |
| 650 | 7 | |a Public finance & taxation |2 imf | |
| 650 | 7 | |a Public investment spending |2 imf | |
| 650 | 7 | |a Public investments |2 imf | |
| 650 | 7 | |a Saving and investment |2 imf | |
| 650 | 7 | |a Stocks |2 imf | |
| 700 | 1 | |a Tewodaj Mogues | |
| 700 | 1 | |a Verdier, Geneviève | |
| 776 | 0 | 8 | |i Print Version: |a Kapsoli, Javier |t Benchmarking Infrastructure Using Public Investment Efficiency Frontiers |d Washington, D.C. : International Monetary Fund, 2023. |z 9798400242786 |
| 776 | 0 | 8 | |i Print Version: |a Kapsoli, Javier |t Benchmarking Infrastructure Using Public Investment Efficiency Frontiers |d Washington, D.C. : International Monetary Fund, 2023. |z 9798400243196 |
| 830 | 0 | |a IMF Working Papers; Working Paper ; |v No. 2023/101 | |
| 830 | 0 | |a IMF eLibrary | |
| 999 | 1 | 0 | |i 4f37de5b-f72f-4e8c-8e6b-aea5f246ee72 |l 9979397979803681 |s US-PU |m benchmarking_infrastructure_using_public_investment_efficiency_frontie_____2023_______intera________________________________________kapsoli__javier____________________e |
| 999 | 1 | 0 | |i 4f37de5b-f72f-4e8c-8e6b-aea5f246ee72 |l 9979399100903681 |s US-PU |m benchmarking_infrastructure_using_public_investment_efficiency_frontie_____2023_______intera________________________________________kapsoli__javier____________________e |