Infrastructure's contribution to aggregate output / David Canning Canning, David

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Canning, David
Industrial productivity.; Rate of return.; Infrastructure (Economics)
"Of the major kinds of physical infrastructure, electricity generating capacity has roughly the same marginal productivity as physical capital as a whole. So have roads-plus-rail, globally and in lower-income countries. Telephones, however, and transport routes in higher-income countries, have higher marginal productivity than other kinds of capital"--Cover.
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