Integrating the issue of infrastructural investment with economic growth: The case of India

Mukul Gupta, Rahul Budhadev, Varun Chotia and N V Muralidhar Rao
Additional contact information
Mukul Gupta: Birla Institute of Technology and Science, Pilani, Rajasthan, India
Rahul Budhadev: Birla Institute of Technology and Science, Pilani, Rajasthan, India
N V Muralidhar Rao: Birla Institute of Technology and Science, Pilani, Rajasthan, India

Theoretical and Applied Economics, 2016, vol. XXIII, issue 3(608), Autumn, 141-162

Abstract: The development of a country’s infrastructure is instrumental in accelerating its economic growth. The inadequacy in the infrastructure provisions hinders population to promote self reliance in economic sectors, thereby proving to be a hindering factor to economic growth. Through this paper, we have aimed to investigate the relationship between investment in key infrastructure sectors and economic growth, in order to see how these sectors impact India’s economic growth and how significant this impact is. Further, a detailed qualitative analysis of all the infrastructure sectors involved in our study has been done with a focus on explaining the reasons behind significance/ insignificance of a particular sector. In the final part of analysis, a budget allocation model has been formulated with the help of linear programming technique. This model gives us a fresh viewpoint of the prospective inclination of government budget, and its extent of allocation to the diversity of infrastructure sectors.

Keywords: Infrastructure; Infrastructure investment; CEPPI; economic growth; sectorial performance; budget allocation and Linear Programming. (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://store.ectap.ro/articole/1204.pdf (application/pdf)
http://www.ectap.ro/articol.php?id=1204&rid=124 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxiii:y:2016:i:3(608):p:141-162

Access Statistics for this article

Theoretical and Applied Economics is currently edited by Mircea Dinu

More articles in Theoretical and Applied Economics from Asociatia Generala a Economistilor din Romania / Editura Economica Contact information at EDIRC.
Bibliographic data for series maintained by Mircea Dinu ().