Language:
English
Pages:
Online-Ressource (1 online resource (24 p.))
Edition:
Online-Ausg. World Bank E-Library Archive
Parallel Title:
Iimi, Atsushi Effects of improving infrastructure quality on business costs
Keywords:
Communities & Human Settlements
;
Driving
;
Elasticity
;
Infrastructure Economics
;
Infrastructure Economics and Finance
;
Infrastructure development
;
Infrastructure investment
;
Private Participation in Infrastructure
;
Private Sector Development
;
Road
;
Road quality
;
Road sector
;
Roads
;
Town Water Supply and Sanitation
;
Transport
;
Transport Economics, Policy and Planning
;
Transportation
;
Transportation costs
;
Urban Slums Upgrading
;
Water Supply and Sanitation
;
Communities & Human Settlements
;
Driving
;
Elasticity
;
Infrastructure Economics
;
Infrastructure Economics and Finance
;
Infrastructure development
;
Infrastructure investment
;
Private Participation in Infrastructure
;
Private Sector Development
;
Road
;
Road quality
;
Road sector
;
Roads
;
Town Water Supply and Sanitation
;
Transport
;
Transport Economics, Policy and Planning
;
Transportation
;
Transportation costs
;
Urban Slums Upgrading
;
Water Supply and Sanitation
;
Communities & Human Settlements
;
Driving
;
Elasticity
;
Infrastructure Economics
;
Infrastructure Economics and Finance
;
Infrastructure development
;
Infrastructure investment
;
Private Participation in Infrastructure
;
Private Sector Development
;
Road
;
Road quality
;
Road sector
;
Roads
;
Town Water Supply and Sanitation
;
Transport
;
Transport Economics, Policy and Planning
;
Transportation
;
Transportation costs
;
Urban Slums Upgrading
;
Water Supply and Sanitation
Abstract:
Economic development is affected by infrastructure services in both volume and quality terms. However, the quality of infrastructure is relatively difficult to measure and assess. The current paper, using firm-level data collected by a business environment assessment survey in 26 countries in Europe and Central Asia, estimates the marginal impacts on firm costs of infrastructure quality. The results suggest that the reliability or continuity of services is important for business performance. Firm costs significantly increase when electricity outages occur more frequently and the average outage duration becomes longer. Similarly, increased hours of water supply suspensions also reduce firms' competitiveness. In these countries, it is found that the total benefit for the economy from eliminating the existing electricity outages ranges from 0.5 to 6 percent of gross domestic product. If all water suspensions are removed, the economy could receive a gain of about 0.5 to 2 percent of gross domestic product. By contrast, the quality of telecommunications services seems to have no significant impact
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