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An analytical framework for evaluating transition impact of infrastructure projects

This paper provides a non-technical summary of a framework for evaluating the transition impact (social returns) of any infrastructure investment that reduces transaction costs and thereby intensifies product market competition. The framework applies both to physical and institutional infrastructure.

Link http://www.ebrd.org/pubs/econo/wp0057.htm
Author Aghion, Ph., Schankerman, M
Date Oct 2000
Institute EBRD
Tags transition, investment, infrastructure, market, transaction

See also

  1. The Comparative Statics of the Effects of Credit Guarantees and Subsidies in the Competitive Lending Market
  2. Financing transition: investing in enterprises during macroeconomic transition
  3. Macroeconomic and financial stability: transition and East Asian “contagion”
  4. Renewable Energy Resources: the Past, Present and Future
  5. Independent Regulation in Infrastructure Sectors: The Case for Regulating Local Transportation Markets in Belarus

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