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Infrastructure and Growth in Developing Asia

Stephane Straub () and Akiko Hagiwara ()

Asian Development Review, 2011, vol. 28, issue 1, 119-156

Abstract: This paper applies two distinct approaches—growth regressions and growth accounting—to analyze the link between infrastructure, growth, and productivity in developing Asian countries. The main conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in the recent past. This improvement appears to correlate significantly with good growth performances. However, the evidence seems to indicate that this is mostly the result of factor accumulation, a direct effect, and that the impact on productivity is rather inconclusive.

Keywords: Infrastructure; growth; productivity; Asia (search for similar items in EconPapers)
JEL-codes: H54 N15 (search for similar items in EconPapers)
Date: 2011
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