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Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation

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  • César Calderón
  • Alberto Chong

Abstract

We provide evidence on the link between infrastructure development and the distribution of income for the period 1960-97. We use roads, railways, telecommunications, and energy measures. The approach is comprehensive as individual measures and composite indices are used. Cross-country and panel regressions are applied. In the latter, we apply GMM dynamic methods to minimize for endogeneity problems. We find that both quantity and quality of infrastructure are negatively linked with income inequality. The quantitative link tends to be stronger in developing countries than the qualitative link. These findings hold when using different econometric methods and most infrastructure measures. Copyright 2004 Blackwell Publishing Ltd.

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Bibliographic Info

Article provided by International Association for Research in Income and Wealth in its journal Review of Income and Wealth.

Volume (Year): 50 (2004)
Issue (Month): 1 (03)
Pages: 87-106

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Handle: RePEc:bla:revinw:v:50:y:2004:i:1:p:87-106

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References

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  1. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, Elsevier, vol. 87(1), pages 115-143, August.
  2. Chong, Alberto & Calderon, Cesar, 2000. "Institutional Quality and Income Distribution," Economic Development and Cultural Change, University of Chicago Press, vol. 48(4), pages 761-86, July.
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  10. Charles R. Hulten, 1996. "Infrastructure Capital and Economic Growth: How Well You Use It May Be More Important Than How Much You Have," NBER Working Papers 5847, National Bureau of Economic Research, Inc.
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  13. Antonio Estache, 1994. "World Development Report: Infrastructure for Development," ULB Institutional Repository 2013/44144, ULB -- Universite Libre de Bruxelles.
  14. Shantayanan Devarajan & Vinaya Swaroop & Heng-fu Zou, 1996. "The composition of public expenditure and economic growth," CEMA Working Papers, China Economics and Management Academy, Central University of Finance and Economics 77, China Economics and Management Academy, Central University of Finance and Economics.
  15. Barro, Robert J & Lee, Jong Wha, 1996. "International Measures of Schooling Years and Schooling Quality," American Economic Review, American Economic Association, American Economic Association, vol. 86(2), pages 218-23, May.
  16. Altonji, Joseph G & Segal, Lewis M, 1996. "Small-Sample Bias in GMM Estimation of Covariance Structures," Journal of Business & Economic Statistics, American Statistical Association, American Statistical Association, vol. 14(3), pages 353-66, July.
  17. Summers, Robert & Heston, Alan, 1991. "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 106(2), pages 327-68, May.
  18. Canning, David, 1998. "A Database of World Stocks of Infrastructure, 1950-95," World Bank Economic Review, World Bank Group, World Bank Group, vol. 12(3), pages 529-47, September.
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Citations

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Cited by:
  1. César Calderón & Luis Servén, 2004. "The Effects of Infrastructure Development on Growth and Income Distribution," Working Papers Central Bank of Chile, Central Bank of Chile 270, Central Bank of Chile.
  2. Julian Donaubauer & Birgit Meyer & Peter Nunnenkamp, 2014. "A New Global Index of Infrastructure: Construction, Rankings and Applications," Kiel Working Papers 1929, Kiel Institute for the World Economy.
  3. Fedderke, J.W. & Bogetic, Z., 2009. "Infrastructure and Growth in South Africa: Direct and Indirect Productivity Impacts of 19 Infrastructure Measures," World Development, Elsevier, Elsevier, vol. 37(9), pages 1522-1539, September.
  4. Getachew, Yoseph, 2008. "Public Capital, Income Distribution and Growth," MERIT Working Papers 056, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  5. Rojas, Gina E. Acosta & Calfat, Germán & Flôres Junior, Renato Galvão, 2005. "Trade and Infrastructure: evidences from the Andean Community," Economics Working Papers (Ensaios Economicos da EPGE) 580, FGV/EPGE Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil).
  6. Carlos Aparicio & Miguel A. Jaramillo & Cristina San Román, 2011. "Desarrollo de la infraestructura y reducción de la pobreza: el caso peruano," Working Papers, Departamento de Economía, Universidad del Pacífico 11-00, Departamento de Economía, Universidad del Pacífico, revised Sep 2011.
  7. Calderon, Cesar & Serven, Luis, 2008. "Infrastructure and economic development in Sub-Saharan Africa," Policy Research Working Paper Series 4712, The World Bank.
  8. Hanjra, Munir A. & Ferede, Tadele & Gutta, Debel Gemechu, 2009. "Reducing poverty in sub-Saharan Africa through investments in water and other priorities," Agricultural Water Management, Elsevier, Elsevier, vol. 96(7), pages 1062-1070, July.
  9. repec:cuf:journl:y:2014:v:15:i:2:calderon:serven is not listed on IDEAS
  10. Yoseph Yilma Getachew, 2011. "Public Investment Policy, Distribution, and Growth: What Levels of Redistribution through Public Investment Maximize Growth?," DEGIT Conference Papers, DEGIT, Dynamics, Economic Growth, and International Trade c016_072, DEGIT, Dynamics, Economic Growth, and International Trade.
  11. Luis Serven & César Calderon, 2004. "The Effects of Infrastructure Development on Growth and income," Econometric Society 2004 Latin American Meetings, Econometric Society 173, Econometric Society.
  12. World Bank, 2008. "Nicaragua - Poverty Assessment : Volume 2. Background Paper," World Bank Other Operational Studies 8103, The World Bank.
  13. Massimo Florio & Silvia Vignetti, 2005. "Cost-benefit Analysis of Infrastructure Projects in an Enlarged European Union: Returns and Incentives," Economic Change and Restructuring, Springer, Springer, vol. 38(3), pages 179-210, December.
  14. Anna McCord & Dirk Ernst van Seventer, 2004. "The economy-wide impacts of the labour intensification of infrastructure expenditure in South Africa," SALDRU/CSSR Working Papers, Southern Africa Labour and Development Research Unit, University of Cape Town 093, Southern Africa Labour and Development Research Unit, University of Cape Town.
  15. Getachew, Yoseph Yilma, 2010. "Public capital and distributional dynamics in a two-sector growth model," Journal of Macroeconomics, Elsevier, Elsevier, vol. 32(2), pages 606-616, June.
  16. He, Xiaobo, 2013. "Wages and Access to International Markets: Evidence from Urban China," MPRA Paper 44537, University Library of Munich, Germany.

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