IDEAS home Printed from https://ideas.repec.org/a/ris/eaerev/0389.html
   My bibliography  Save this article

Benefits and Spillover Effects of Infrastructure: A Spatial Econometric Approach

Author

Listed:
  • Kim, Kijin

    (Asian Development Bank)

  • Lee, Junkyu

    (Asian Development Bank)

  • Albis, Manuel Leonard

    (University of Philippines)

  • Ang, Ricardo III B.

    (Georgia State University)

Abstract

This paper estimates the effects of transport (road and rail) & energy and ICT infrastructure (telephone, mobile, and broadband) on GDP growths in neighboring countries as well as own countries. We confirm positive direct contributions of infrastructure, access to Internet, and human capital on economic growth. The spatial panel regression models indicate that there exist positive externalities of the broadband infrastructure and human capital, and these results are robust regardless of the choice of spatial weight matrices. Our findings on spillover effects of infrastructure suggest the key role of neighboring countries’ infrastructure on own country’s economic growth.

Suggested Citation

  • Kim, Kijin & Lee, Junkyu & Albis, Manuel Leonard & Ang, Ricardo III B., 2021. "Benefits and Spillover Effects of Infrastructure: A Spatial Econometric Approach," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 25(1), pages 3-31, March.
    • Handle: RePEc:ris:eaerev:0389
    DOI: 10.11644/KIEP.EAER.2021.25.1.389
    as

    Download full text from publisher

    File URL: https://dx.doi.org/10.11644/KIEP.EAER.2021.25.1.389
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.11644/KIEP.EAER.2021.25.1.389?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xuelu Xu & Mingbo Zheng, 2023. "High-speed rail construction and urban innovation disparity in China: the role of internet development," Economic Change and Restructuring, Springer, vol. 56(5), pages 3567-3599, October.

    More about this item

    Keywords

    Infrastructure; Spillover Effects; Economic Growth; Production Function; Spatial Econometrics;
    All these keywords.

    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D62 - Microeconomics - - Welfare Economics - - - Externalities

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:eaerev:0389. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: JE Lee (email available below). General contact details of provider: https://edirc.repec.org/data/kieppkr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.