EconPapers    
Economics at your fingertips  
 

Have Collapses in Infrastructure Spending led to Cross-Country Divergence in Per Capita GDP?

Francisco Rodríguez ()

Working Papers from United Nations, Department of Economics and Social Affairs

Abstract: This paper explores whether the post-1980 decline in infrastructure investment in developing countries is a source of growing disparities in world per capita GDP. I start by reviewing the literature on the infrastructure-productivity link, arguing that a balanced reading of previous studies points to a significant effect of infrastructure provision on productivity. I then empirically study whether retrenchments in infrastructure provision have played a role in growing disparities using a data set of country-level infrastructure stocks for 121 countries since 1960. Cutbacks in infrastructure investment appear to be at most a minor cause of growing divergence in per capita incomes.

Keywords: infrastructure; public capital; convergence; productivity; economic growth (search for similar items in EconPapers)
JEL-codes: H54 O11 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2007-07
New Economics Papers: this item is included in nep-dev and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://www.un.org/esa/desa/papers/2007/wp52_2007.pdf (application/pdf)

Related works:
Working Paper: Have Collapses in Infrastructure Spending Led to Cross-Country Divergence in per Capita GDP? (2006) Downloads
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:une:wpaper:52

Access Statistics for this paper

More papers in Working Papers from United Nations, Department of Economics and Social Affairs Contact information at EDIRC.
Bibliographic data for series maintained by Aimee Gao ().

 
Page updated 2020-07-06
Handle: RePEc:une:wpaper:52