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Public infrastructure: definition, classification and measurement issues

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  • Torrisi, Gianpiero
Abstract
Beginning from the end of the 1980s many studies analysing the relation between infrastructures endowment and economic development have been realised. A general consensus is achieved around the idea that basic infrastructure facilities are important features related to economic performance, although both magnitude and causality direction are debated. A peculiar feature of these studies is that, across them, different empirical and theoretical entities are referred to infrastructure. Although the vast body of literature on infrastructures economic impact have been largely reviewed less attention have been paid to the term infrastructure per se. This article, aiming to provide a helpful instrument to critically interpret the existing literature, zooms in on infrastructure definition and then reviews different categories of infrastructures utilised in literature, namely: personal, institutional, material, immaterial, economic, social, core and not-core, basic and complementary, network, nucleus, and territory infrastructures. The final part deals with problems related to infrastructures measurement describing some financial-based measures and physical-based measures highlighting that both measures - due to economic and strictly computational problems - present pitfalls so that, in turn, both types of measures have critical aspects to be considered when interpreting results concerning infrastructures.

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  • Torrisi, Gianpiero, 2009. "Public infrastructure: definition, classification and measurement issues," MPRA Paper 12990, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:12990
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    6. Mohammed, Wahida, 2015. "Islamic banking and economic infrastructure development: Kenya's prospects," KBA Centre for Research on Financial Markets and Policy Working Paper Series 15, Kenya Bankers Association (KBA).
    7. Alexandru Pavel & Bogdan Moldovan & Bogdana Neamtu & Cristina Hintea, 2018. "Are Investments in Basic Infrastructure the Magic Wand to Boost the Local Economy of Rural Communities from Romania?," Sustainability, MDPI, vol. 10(10), pages 1-32, September.
    8. Ibrahim Idris & Samirah Ibrahim Jibril & Hadiza Tijjani Bello & Muhammad Usman Adekunle, 2020. "Public Infrastructure Provision in Bauchi Metropolis, Nigeria," Traektoriâ Nauki = Path of Science, Altezoro, s.r.o. & Dialog, vol. 6(9), pages 1001-1005, September.
    9. Nikita Malafeev & Irina Baskakova, 2017. "Empirical Evaluation of the Contribution of Infrastructure Capital to the Development of the Region (Based on the Data of Ural Economic Region)," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 777-788.
    10. Idrovo Aguirre, Byron, 2012. "Inversión en infraestructura pública y crecimiento económico, evidencia para Chile [Public infrastructure, investment and economic growth in Chile]," MPRA Paper 39857, University Library of Munich, Germany.
    11. Xiangfei Yuan & Haijing Hao & Chenghua Guan & Alex Pentland, 2021. "What are the key components of an entrepreneurial ecosystem in a developing economy? A longitudinal empirical study on technology business incubators in China," Papers 2103.08131, arXiv.org.
    12. Torrisi, Gianpiero, 2009. "Infrastructures and economic performance: a critical comparison across four approaches," MPRA Paper 18688, University Library of Munich, Germany.
    13. Sedlmeir, Joachim & Hopf, Stefan & Neuburger, Rahild & Picot, Arnold, 2017. "Convergent Digital Infrastructures and the Role of (Net-)Neutrality," 28th European Regional ITS Conference, Passau 2017 169497, International Telecommunications Society (ITS).
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    Keywords

    infrastructure; public expenditure;

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H76 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Other Expenditure Categories

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