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Infrastructure and Growth in Developing Asia

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  • Stéphane Straub
  • Akiko Terada-Hagiwara

Abstract

This paper applies two distinct approaches—growth regressions and growth accounting—to analyze the link between infrastructure, growth, and productivity in developing Asian countries. The main conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in the recent past. This improvement appears to correlate significantly with good growth performances. However, the evidence seems to indicate that this is mostly the result of factor accumulation, a direct effect, and that the impact on productivity is rather inconclusive.

Suggested Citation

  • Stéphane Straub & Akiko Terada-Hagiwara, 2011. "Infrastructure and Growth in Developing Asia," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 28(01), pages 119-156, June.
    • Handle: RePEc:wsi:adrxxx:v:28:y:2011:i:01:n:s0116110511500065
    DOI: 10.1142/S0116110511500065
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    More about this item

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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