Are Certain Countries More Nimble in Completing Major Infrastructure Projects? A Cross Country Analysis of Infrastructure Capital Efficacy

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Infrastructure
Construction
Efficiency
Bridge
Transportation
Civil and Environmental Engineering
Construction Engineering and Management
International Economics
Public Economics
Transportation Engineering
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Abstract

Discovering the drivers that lead to faster and more efficient completion of major infrastructure projects is important because there is a wide range when it comes to countries’ ability to complete projects in a time and cost effective manner. This study looks at a dataset of the longest bridges in the world, which includes highways, high speed rail, expressways, and roads among other transportation infrastructure projects from 41 countries. This paper aims to discover whether some countries or regions appear to complete infrastructure projects faster than others and find which variables lead to faster completion of bridges as measured by feet built per day through various best fit models. It is concluded that a more recent start date, greater bridge length, and stronger property rights are positively correlated with completion speed of a bridge and Gross Domestic Product per capita is negatively correlated. This study also concludes that further research is needed to validate and replicate the results with a larger data set that has more bridges per country examined.

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Santosh Anagol
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2021-05-03
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