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Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy

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  • SIGUE, Moussa
  • SIRPE, Gnanderman

Abstract

This article assesses the impact of road infrastructure investments on the structural competitiveness of Burkina Faso's economy. After retaining the period from 1980 to 2015, the estimate of the Model to Error Correction (ECM) revealed that investment in road infrastructure positively and significantly affects the structural competitiveness of the economy. However, this incidence varies over time. In fact, the elasticity of structural competitiveness compared to road investments is 0.06 in the short term and 0.32 in the long term. In view of these results, it appears that the implication of economic policy that emerges is that an increase in investment in road infrastructure is a policy of gaining structural competitiveness of the country's economy.

Suggested Citation

  • SIGUE, Moussa & SIRPE, Gnanderman, 2019. "Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy," MPRA Paper 96139, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:96139
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    References listed on IDEAS

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    More about this item

    Keywords

    Structural competitiveness; Investment in public infrastructure; Burkina Faso;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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