A new global index on infrastructure: Construction, rankings and applications
Julian Donaubauer,
Birgit Meyer and
Peter Nunnenkamp
No 1929, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)
Abstract:
We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to cover the largest possible number of developing and developed countries over the period 1990-2010. We map major findings from the new indices on infrastructure and provide country rankings, which we also compare with subjective assessments of infrastructure in the World Economic Forum's Global Competitiveness Report. Finally, we exemplify possible applications related to trade and FDI. By overcoming several data limitations, our new global index can help assess the links between infrastructure and economic development more systematically.
Keywords: infrastructure; transport; ICT; energy; finance; unobserved components method; trade; FDI (search for similar items in EconPapers)
JEL-codes: C43 C82 F14 F21 O18 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (5)
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Related works:
Journal Article: A New Global Index of Infrastructure: Construction, Rankings and Applications (2016) 
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1929
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