Infrastructure and Growth in Developing Asia

Stéphane Straub and Akiko Terada-Hagiwara

Asian Development Review (ADR), 2011, vol. 28, issue 01, 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.

JEL-codes: H54 N15 O4 (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1142/S0116110511500065

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