Arbeitspapier

Innovative financing for city infrastructure investment by increasing the rate of return from spillover tax revenues

The growing trend of urban city development requires various infrastructure investments, including water supply, electricity, sanitation, transportation, and other supporting facilities. In facing this challenge, many Asian countries experience significant constraints, particularly on the issues of land acquisition and insufficient financial supply, which potentially create a time delay in infrastructure investment and huge budget deficits. If these infrastructure investments were financed by overseas investors, future exchange rate risks would have to be carried by infrastructure companies. This paper examines further ways to attract more investment in infrastructure by applying spillover tax revenues. Case studies of some innovative financing aspects of Japan and other countries are also presented.

Language
Englisch

Bibliographic citation
Series: ADBI Working Paper Series ; No. 979

Classification
Wirtschaft
Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
Taxation and Subsidies: Efficiency; Optimal Taxation
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Finance in Urban and Rural Economies
Subject
infrastructure financing
spill-over effects
tax revenue
land acquisition
smart city
connectivity

Event
Geistige Schöpfung
(who)
Yoshino, Naoyuki
Hendriyetty, Nella
Lakhia, Saloni
Alwarritzi, Widya
Event
Veröffentlichung
(who)
Asian Development Bank Institute (ADBI)
(where)
Tokyo
(when)
2019

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Yoshino, Naoyuki
  • Hendriyetty, Nella
  • Lakhia, Saloni
  • Alwarritzi, Widya
  • Asian Development Bank Institute (ADBI)

Time of origin

  • 2019

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