Road-based transport infrastructure and economic growth in Haryana: a causality analysis

Ranjan Aneja () and N. K. Bishnoi
Additional contact information
Ranjan Aneja: Central University of Haryana
N. K. Bishnoi: Guru Jambheswar University of Science and Technology

SN Business & Economics, 2022, vol. 2, issue 11, 1-12

Abstract: Abstract The present study was an attempt to examine the causal relationship between road infrastructure and economic growth in Haryana over the period of 2004–2018. This paper has used causality analysis to see whether road infrastructure induced the economic growth or economic growth prompted the road infrastructure or both stimulate each other. The study found that economic growth in Haryana, capital investment, and road infrastructure (particularly national highways) are mutually reinforcing. On the basis of the finding, it can be suggested that the achievement of higher growth through road infrastructure would be due to several direct and indirect benefits imparted to the economy. Therefore, the government should upscale and expand the road infrastructure in the state to retrieve further fruits in the form of better economic growth.

Keywords: Economic growth; Causality analysis; Cointegration analysis; Road infrastructure; Haryana (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s43546-022-00344-w Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:snbeco:v:2:y:2022:i:11:d:10.1007_s43546-022-00344-w

Ordering information: This journal article can be ordered from
https://www.springer.com/journal/43546

DOI: 10.1007/s43546-022-00344-w

Access Statistics for this article

SN Business & Economics is currently edited by Gino D'Oca

More articles in SN Business & Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().