Is Investment in Infrastructure Worth It?

Mohammed Aliu Momoh and John Emeka Ezike

Journal of Business and Social Review in Emerging Economies, 2018, vol. 4, issue 2, 197-206

Abstract: The argument for investment in infrastructure and its implication for economic development have attracted a robust discourse. This paper adds a voice to the significance importance of the subject matter by examining the theoretical arguments for infrastructure investment. We further developed a framework, which explains the need for investment in infrastructure and its flow both as input for recycling and input for further production as a final output for consumption. The study shows that no one individual can provide infrastructure but rather all the activities of the various industries sit on a platform from which payment for its use is shared amongst all users. It concludes that Investments in infrastructure are not just one off event but planned to achieve a robust economic development.&&&&

Keywords: Investment in Infrastructure; x-Efficiency; Growth theory; Public Private Partnership; Procurement; Infrastructure (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:src:jbsree:v:4:y:2018:i:2:p:197-206

DOI: 10.26710/jbsee.v4i2.200

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