CAUSALITY BETWEEN PUBLIC INVESTMENT IN TRANSPORT AND COMMUNICATION AND ECONOMIC GROWTH

Niloy Bose and M. Emranul Haque ()

Journal of Economic Development, 2005, vol. 30, issue 1, 95-106

Abstract: This paper aims to provide an explanation for the robust and consistent relationship between public investment in transport and communication and economic growth that has frequently surfaced in recent empirical studies. Using both informal and formal causality tests, the paper finds that, for a set of developing countries, the strong association is the result of the effect running from growth to public investment rather than vice versa.

Keywords: Transport and Communication Investment; Economic Growth; Causality (search for similar items in EconPapers)
JEL-codes: E62 O42 (search for similar items in EconPapers)
Date: 2005
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://www.jed.or.kr/full-text/30-1/07_J7104.PDF (application/pdf)

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:jed:journl:v:30:y:2005:i:1:p:95-106

Access Statistics for this article

Journal of Economic Development is currently edited by Sung Y. Park

More articles in Journal of Economic Development from Chung-Ang Unviersity, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sung Y. Park ().