Publication:
Spatial Misallocation of Complementary Infrastructure Investment: Evidence from Brazil

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dc.contributor.authorPérez-Sebastián, Fidel
dc.contributor.authorSerrano Quintero, Rafael
dc.contributor.authorSteinbuks, Jevgenijs
dc.date.accessioned2023-12-20T23:11:49Z
dc.date.available2023-12-20T23:11:49Z
dc.date.issued2023-12-20
dc.description.abstractHow does the misallocation of complementary public capital affect the spatial organization of economic activity To answer this question, this paper endogenizes the government's decision to invest in the transport and electricity networks. A novel multi-sector quantitative spatial equilibrium model incorporates the quality of the electric power and the road transportation infrastructure networks, which determine sectoral productivities and trade costs. Simulation results for the Brazilian economy point to significant welfare gains from reallocating infrastructure investment. Spatial and fiscal complementarities in heterogeneous infrastructure provision determine a sizeable part of those gains. Misallocation of both infrastructure investments is positively associated with local political support for the incumbent authority.en
dc.identifierhttp://documents.worldbank.org/curated/en/099822112182319219/IDU009479c3106f960481d0b85a02738d5c6f7aa
dc.identifier.doi10.1596/1813-9450-10650
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40784
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; 10650
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBRAZIL
dc.subjectELECTRICAL GRID
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectPUBLIC ROADS
dc.subjectSPATIAL MISALLOCATION
dc.titleSpatial Misallocation of Complementary Infrastructure Investmenten
dc.title.subtitleEvidence from Brazilen
dc.typeWorking Paper
dspace.entity.typePublication
okr.crossref.titleSpatial Misallocation of Complementary Infrastructure Investment: Evidence from Brazil
okr.date.disclosure2023-12-18
okr.date.doiregistration2025-04-07T08:49:39.492974Z
okr.date.doiregistration2025-04-08T16:25:09.047533Z
okr.date.doiregistration2025-04-09T02:59:26.183187Z
okr.date.lastmodified2023-12-18T00:00:00Zen
okr.doctypePolicy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099822112182319219/IDU009479c3106f960481d0b85a02738d5c6f7aa
okr.guid099822112182319219
okr.identifier.docmidIDU-09479c31-6f96-481d-b85a-2738d5c6f7aa
okr.identifier.doi10.1596/1813-9450-10650
okr.identifier.doihttp://dx.doi.org/10.1596/1813-9450-10650
okr.identifier.externaldocumentum34218347
okr.identifier.internaldocumentum34218347
okr.identifier.reportWPS10650
okr.import.id2656
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099822112182319219/pdf/IDU009479c3106f960481d0b85a02738d5c6f7aa.pdfen
okr.region.countryBrazil
okr.topicInfrastructure Economics and Finance::Infrastructure Economics
okr.topicEnergy::Electric Power
okr.topicRural Development::Rural Roads & Transport
okr.unitChief Economist Infrastructure (INFCE)
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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