Infrastructure and Growth
AbstractPhysical Infrastructure stocks in Pakistan since the last two decades have been growing at a very low pace which resulted in increasing unemployment and very low economic growth in the last four years. The paper analyses the link between infrastructure, productivity and growth in Pakistan by applying two distinct methodologies—growth accounting and growth regressions. We find out that infrastructure stock has significantly positive impact on productivity and economic growth. At the individual level, electricity generation, agricultural water availability and telecommunications impact the economic growth positively and significantly, while, roads development have no impact. This is an indication of over investment in roads, especially highways. Based on model findings, we recommended that Pakistan will have to increase the allocation of PSDP to above 1.5 percent of the GDP if the problem of shortage of electricity is to be addressed on a priority basis so as to raise the growth rate of the economy.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Pakistan Institute of Development Economics in its journal The Pakistan Development Review.
Volume (Year): 50 (2011)
Issue (Month): 4 ()
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Khurram Iqbal).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.