Governance, social infrastructure and productivity

Fernando del Río

MPRA Paper from University Library of Munich, Germany

Abstract: I develop a neoclassical growth model in which the government accumulates contestable social infrastructure. In this framework, both a more accountable and more fairness governance encourages governmental accumulation of social infrastructure which fosters productivity. According to the calibrated model, for a country in the lower decile of the distribution of the index of social infrastructure, improving governance fairness by one standard deviation increases, on average, social infrastructure by 84% and GDP per worker by around 38%. However, the quantitative impact of improving governance accountability on social infrastructure and productivity is negligible.

Keywords: Governance; productivity; rent-seeking; social infrastructure. (search for similar items in EconPapers)
JEL-codes: O10 O43 O47 (search for similar items in EconPapers)
Date: 2018-04-16, Revised 2018-04-16
New Economics Papers: this item is included in nep-dge and nep-eff
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/86245/1/MPRA_paper_86245.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:86245

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().