Infrastructure and Growth in Developing Asia

Stephane Straub and Akiko Terada-Hagiwara ()
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Akiko Terada-Hagiwara: Asian Development Bank

No 231, ADB Economics Working Paper Series from Asian Development Bank

Abstract: This paper presents the state of infrastructure in developing Asian countries. It applies two distinct approaches (growth regressions and growth accounting) to analyze the link between infrastructure, growth, and productivity. The main conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in the recent past, and this 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), while the impact on productivity is inconclusive.

Keywords: developing countries; economic growth; infrastructure; productivity (search for similar items in EconPapers)
JEL-codes: O11 O47 R11 (search for similar items in EconPapers)
Pages: 54 pages
Date: 2010-11-01
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Journal Article: Infrastructure and Growth in Developing Asia (2011)
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