| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5313 |
| DP5313 New-Keynesian or RBC Transmission? The Effects of Fiscal Shocks in Labour Markets | |
| Evi Pappa | |
| 发表日期 | 2005-10-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | The construction of large dams is one of the most costly and controversial forms of public infrastructure investment in developing countries, but little is known about their impact. This paper studies the productivity and distributional effects of large dams in India. To account for endogenous placement of dams we use GIS data and the fact that river gradient affects a district's suitability for dams to provide instrumental variable estimates of their impact. We find that, in a district where a dam is built, agricultural production does not increase but poverty does. In contrast, districts located downstream from the dam benefit from increased irrigation and see agricultural production increase and poverty fall. Overall, our estimates suggest that large dam construction in India is a marginally cost-effective investment with significant distributional implications, and has, in aggregate, increased poverty. |
| 主题 | Public Economics |
| 关键词 | Dams Development planning Program evaluation |
| URL | https://cepr.org/publications/dp5313 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534185 |
| 推荐引用方式 GB/T 7714 | Evi Pappa. DP5313 New-Keynesian or RBC Transmission? The Effects of Fiscal Shocks in Labour Markets. 2005. |
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