The Impact of Infrastructure on Economic Growth in Botswana

Mpho Raboloko ()
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Mpho Raboloko: Botswana Institute for Development Policy Analysis

No 66, Working Papers from Botswana Institute for Development Policy Analysis

Abstract: The study determines the impact of infrastructure on economic growth in Botswana. The study employs an Autoregressive Distributed Lag (ARDL) estimation technique to determine how infrastructure affects economic growth in Botswana. The empirical results show that healthcare infrastructure has a positive and significant impact on economic growth in Botswana in the long run. The results further reveal that electric power consumption has a positive and significant effect in influencing economic growth in the short run. The results imply that in order to achieve higher economic growth, policymakers should consider accelerating improvement of healthcare infrastructure.

Keywords: Economic Growth; Infrastructure; Co-integration; Error Correction Model; ARDL (search for similar items in EconPapers)
JEL-codes: C22 H54 (search for similar items in EconPapers)
Pages: 23
Date: 2019-03
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Citations: View citations in EconPapers (2)

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