This paper examines whether infrastructure investment has contributed to East Asia's economic growth using both a growth accounting framework and cross-country regressions. For most of the variables used, both the growth accounting exercise and cross-country regressions fail to find a significant link between infrastructure, productivity and growth. These conclusions contrast strongly with previous studies finding positive and significant effect for...
Vea más
INFORMACIÓN
-
2008/04/01
-
Documento de trabajo sobre investigaciones relativas a políticas
-
WPS4589
-
1
-
1
-
2010/07/01
-
Disclosed
-
Infrastructure and economic growth in East Asia
-
rate of return to capital