Relevance of infrastructure and analysis of overrun costs that generates its deficit

The quantity and quality of infrastructure cause positive effects over economic growth, income distribution, and other variables that measures people welfare. On the other hand, the lack of infrastructure lets the costs rise (transaction costs) and the user’s demand goes down (deadweight loss). This...

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Autor principal: Urrunaga Pascó-Font, Roberto
Formato: info:eu-repo/semantics/article
Lenguaje:Español
Publicado: Universidad del Pacífico 2009
Acceso en línea:https://revistas.up.edu.pe/index.php/apuntes/article/view/591
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52922
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author Urrunaga Pascó-Font, Roberto
author_facet Urrunaga Pascó-Font, Roberto
author_sort Urrunaga Pascó-Font, Roberto
collection Repositorio
description The quantity and quality of infrastructure cause positive effects over economic growth, income distribution, and other variables that measures people welfare. On the other hand, the lack of infrastructure lets the costs rise (transaction costs) and the user’s demand goes down (deadweight loss). This paper shows briefly the benefits of public services infrastructure over a sample of Latin American countries, and then focuses on the excess of costs (overcharges) that arise because of the lack of infrastructure. Regarding the last topic, this paper presents a methodology for the estimation of transaction costs and deadweight loss in the cases of inadequate road’s and port’s infrastructure, and then applies this methodology to the IIRSA Norte turnpike and the port of Yurimaguas. The results about the infrastructure benefits confirm the findings of previous papers, and the results of overcharges are underestimates because of lack of information to calculate all the transaction cost items.
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spelling clacso-CLACSO529222022-03-17T18:48:05Z Relevance of infrastructure and analysis of overrun costs that generates its deficit Relevancia de la infraestructura y análisis de los sobrecostos que genera su déficit Urrunaga Pascó-Font, Roberto The quantity and quality of infrastructure cause positive effects over economic growth, income distribution, and other variables that measures people welfare. On the other hand, the lack of infrastructure lets the costs rise (transaction costs) and the user’s demand goes down (deadweight loss). This paper shows briefly the benefits of public services infrastructure over a sample of Latin American countries, and then focuses on the excess of costs (overcharges) that arise because of the lack of infrastructure. Regarding the last topic, this paper presents a methodology for the estimation of transaction costs and deadweight loss in the cases of inadequate road’s and port’s infrastructure, and then applies this methodology to the IIRSA Norte turnpike and the port of Yurimaguas. The results about the infrastructure benefits confirm the findings of previous papers, and the results of overcharges are underestimates because of lack of information to calculate all the transaction cost items. La cantidad y calidad de infraestructura en un país tiene efectos positivos sobre el crecimiento económico y la distribución de ingresos, entre otras variables que reflejan el bienestar de la población. En este sentido, la inexistencia o provisión inadecuada de infraestructura genera la aparición de costos excesivos a los usuarios y, por ello, la reducción de su consumo. El presente artículo se dedica a mostrar de manera resumida los impactos favorables de la infraestructura de servicios públicos sobre las economías, presentar una metodología de estimación del exceso de costos que surgen cuando se cuenta con una inadecuada infraestructura vial y portuaria, y aplicar esta metodología a los casos de la carretera IIRSA Norte y del puerto de Yurimaguas. Los resultados confirman las relaciones planteadas por la literatura relevante, aunque en elcaso de los excesos de costo las cifras resultan conservadoras por problemas de disponibilidad de información. 2009-03-10 2022-03-17T18:48:05Z 2022-03-17T18:48:05Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://revistas.up.edu.pe/index.php/apuntes/article/view/591 10.21678/apuntes.65.591 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52922 spa https://revistas.up.edu.pe/index.php/apuntes/article/view/591/593 Derechos de autor 2017 Apuntes http://creativecommons.org/licenses/by/4.0 application/pdf Universidad del Pacífico Apuntes. Social Sciences Journal; Apuntes 65; 61-94 Apuntes. Revista de ciencias sociales; Apuntes 65; 61-94 2223-1757 0252-1865
spellingShingle Urrunaga Pascó-Font, Roberto
Relevance of infrastructure and analysis of overrun costs that generates its deficit
title Relevance of infrastructure and analysis of overrun costs that generates its deficit
title_full Relevance of infrastructure and analysis of overrun costs that generates its deficit
title_fullStr Relevance of infrastructure and analysis of overrun costs that generates its deficit
title_full_unstemmed Relevance of infrastructure and analysis of overrun costs that generates its deficit
title_short Relevance of infrastructure and analysis of overrun costs that generates its deficit
title_sort relevance of infrastructure and analysis of overrun costs that generates its deficit
url https://revistas.up.edu.pe/index.php/apuntes/article/view/591
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52922