IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v58y2019icp1-15.html
   My bibliography  Save this article

Benchmarking economic infrastructure efficiency: How does the Latin America and Caribbean region compare?

Author

Listed:
  • Suárez-Alemán, Ancor
  • Serebrisky, Tomás
  • Perelman, Sergio

Abstract

The Latin America and Caribbean (LAC) region has a sizable infrastructure gap. Physical assets, maintenance, and service provision are inadequate and below average for a region at its level of development. The most promising way to close the service gap is to increase efficiency. Relying on data on more than 80 countries for 2000 and 2016, this paper innovates by 1) developing a single economic infrastructure index to compare countries; 2) presenting an efficiency analysis that assesses whether LAC countries have room for improvement in the provision of the quantity and quality of economic infrastructure; 3) proposing a novel peer-identification conceptual framework to identify which countries are the relevant benchmarks for the region; and 4) providing evidence on how sound governance, regulation, rule of law, and the lack of corruption are related to infrastructure efficiency at the country level.

Suggested Citation

  • Suárez-Alemán, Ancor & Serebrisky, Tomás & Perelman, Sergio, 2019. "Benchmarking economic infrastructure efficiency: How does the Latin America and Caribbean region compare?," Utilities Policy, Elsevier, vol. 58(C), pages 1-15.
    • Handle: RePEc:eee:juipol:v:58:y:2019:i:c:p:1-15
    DOI: 10.1016/j.jup.2019.03.003
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957178718302467
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jup.2019.03.003?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Antonio Rojas Canela & Juan Carlos Moreno-Brid, 2022. "A New Index for Public Investment Management," Remef - Revista Mexicana de Economía y Finanzas Nueva Época REMEF (The Mexican Journal of Economics and Finance), Instituto Mexicano de Ejecutivos de Finanzas, IMEF, vol. 17(1), pages 1-15, Enero - M.
    2. Banacloche, Santacruz & Cadarso, María Ángeles & Monsalve, Fabio, 2020. "Implications of measuring value added in exports with a regional input-output table. A case of study in South America," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 130-140.
    3. Francisco Gildemir Ferreira da Silva & Renata Lúcia Magalhães de Oliveira & Marin Marinov, 2020. "An Analysis of the Effects on Rail Operational Efficiency Due to a Merger between Brazilian Rail Companies: The Case of RUMO-ALL," Sustainability, MDPI, vol. 12(12), pages 1-23, June.
    4. Tsakiridis, Andreas & Mateo-Mantecón, Ingrid & O'Connor, Eamonn & Hynes, Stephen & O'Donoghue, Cathal, 2021. "Efficiency benchmarking of Irish and North Atlantic Spanish ports: Implications for blue growth," Utilities Policy, Elsevier, vol. 72(C).
    5. de Oliveira Ventura, Lucas & Melo, Joel D. & Padilha-Feltrin, Antonio & Fernández-Gutiérrez, Juan Pablo & Sánchez Zuleta, Carmen C. & Piedrahita Escobar, Carlos César, 2020. "A new way for comparing solutions to non-technical electricity losses in South America," Utilities Policy, Elsevier, vol. 67(C).

    More about this item

    Keywords

    Infrastructure; Efficiency; Latin America and the Caribbean;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:juipol:v:58:y:2019:i:c:p:1-15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://www.sciencedirect.com/journal/utilities-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.