Measuring the Impact of Asset Complementarities: The Case of Rural Peru

The exact type, critical mass, and combination of public and private assets needed to move out of poverty have not been sufficiently studied. This paper analyzes three types of public infrastructure and services: a) "traditional infrastructure" such as transportation, sewer systems, water,...

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Autores principales: Escobal,Javier, Torero,Máximo
Lenguaje:English
Publicado: Instituto de Economía, Pontificia Universidad Católica de Chile 2005
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012500007
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spelling oai:scielo:S0717-682120050125000072005-06-15Measuring the Impact of Asset Complementarities: The Case of Rural PeruEscobal,JavierTorero,Máximo Development Poverty Trap Public Assets Complementarity Infrastructure The exact type, critical mass, and combination of public and private assets needed to move out of poverty have not been sufficiently studied. This paper analyzes three types of public infrastructure and services: a) "traditional infrastructure" such as transportation, sewer systems, water, electricity which do not generate positive network externalities; b) «human-capital-generating public services» that are capable of creating mobile private assets, such as schooling and health services and c) «information and communication technologies», such as telephone or Internet, all of which generate network externalities. Using Peruvian LSMS data we quantify the differential impact on poverty of each of these types of investments, as well as the interaction effect between so- called traditional types of infrastructure and those which generate network externalitiesinfo:eu-repo/semantics/openAccessInstituto de Economía, Pontificia Universidad Católica de ChileCuadernos de economía v.42 n.125 20052005-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012500007en10.4067/S0717-68212005012500007
institution Scielo Chile
collection Scielo Chile
language English
topic Development
Poverty Trap
Public Assets
Complementarity
Infrastructure
spellingShingle Development
Poverty Trap
Public Assets
Complementarity
Infrastructure
Escobal,Javier
Torero,Máximo
Measuring the Impact of Asset Complementarities: The Case of Rural Peru
description The exact type, critical mass, and combination of public and private assets needed to move out of poverty have not been sufficiently studied. This paper analyzes three types of public infrastructure and services: a) "traditional infrastructure" such as transportation, sewer systems, water, electricity which do not generate positive network externalities; b) «human-capital-generating public services» that are capable of creating mobile private assets, such as schooling and health services and c) «information and communication technologies», such as telephone or Internet, all of which generate network externalities. Using Peruvian LSMS data we quantify the differential impact on poverty of each of these types of investments, as well as the interaction effect between so- called traditional types of infrastructure and those which generate network externalities
author Escobal,Javier
Torero,Máximo
author_facet Escobal,Javier
Torero,Máximo
author_sort Escobal,Javier
title Measuring the Impact of Asset Complementarities: The Case of Rural Peru
title_short Measuring the Impact of Asset Complementarities: The Case of Rural Peru
title_full Measuring the Impact of Asset Complementarities: The Case of Rural Peru
title_fullStr Measuring the Impact of Asset Complementarities: The Case of Rural Peru
title_full_unstemmed Measuring the Impact of Asset Complementarities: The Case of Rural Peru
title_sort measuring the impact of asset complementarities: the case of rural peru
publisher Instituto de Economía, Pontificia Universidad Católica de Chile
publishDate 2005
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0717-68212005012500007
work_keys_str_mv AT escobaljavier measuringtheimpactofassetcomplementaritiesthecaseofruralperu
AT toreromaximo measuringtheimpactofassetcomplementaritiesthecaseofruralperu
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