This study updates Pereira and Pereira by revisiting the macroeconomic and budgetary effects of infrastructure investment in Portugal using a dataset from the Portuguese Ministry of the Economy covering 1980–2019, thereby capturing a period of austerity and decreased investment in the 2010s. A vector-autoregressive approach re-estimates the elasticity and marginal product of twelve infrastructure types on private investment, employment, and output. The most significant long-term accumulated effects on output accrue from investments in airports, ports, health, highways, water, and railroads. In contrast, those in municipal roads, electricity and gas, and refineries are statistically insignificant. All statistically significant infrastructure investments pay for themselves over time through additional tax revenues. Compared to the previous study, highways, water, and ports have more than doubled their estimated marginal products due to a significant increase in relative scarcity over the last decade. In addition, our analysis reveals an important shift in the impacts of infrastructure investment, now producing more substantial immediate effects but weaker long-term impacts. This change offers policymakers a powerful tool for short-term economic stimulus and is particularly useful in addressing immediate economic challenges.
As China’s urbanization process accelerates, it has become common for rural men to go out to work and women to stay at home. The implementation of China’s rural revitalization strategy is in dire need of a large amount of high-quality human capital, and education and training are an important way to improve human capital and empower left-behind women. Starting from the background of China’s rural revitalization, this study focuses on the education and training of rural left-behind women, a topic that has received less attention. Through in-depth interviews and participatory observation, we analyzed the factors affecting rural left-behind women’s participation in education and training, as well as the problems that exist in China’s rural education and training process, and proposed strategies to solve them. The study found that education level, traditional attitudes, economic income, knowledge of education and training, and mental health are important factors affecting the participation of left-behind women in education and training in rural China. At the same time, there are some problems in the process of education and training, such as a single main body of supply and training methods, a lack of teachers, and a lack of management, etc., which affect the development of education and training, and thus also the promotion of rural revitalization.
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