The Relationship between Population Dynamics and Investments for Energy and Telecommunication Infrastructures in the Philippines
The study examined the relationship between population dynamics and investments for energy and telecommunication infrastructures in the Philippines from 1990-2011. Ordinary Least Squares (OLS) and Two-Stage Least Squares (2SLS-IV) were explored to estimates the coefficients of the models. However, Hausman Specification test rejected the hypothesis of simultaneity problem in the models. Therefore, results of the OLS estimation is preferred than the results of 2SLS-IV. Results revealed that investment for energy and telecommunication is negatively affected by total population but positively affected by the level of population below 15 years old and above 65 years old. Urban agglomeration has significantly increased investments for telecommunication. In general, level of population and its dynamics significantly affects the aggregate infrastructure investments.
|Date of creation:||01 Apr 2013|
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References listed on IDEAS
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- Marco Bassetto & Leslie McGranahan, 2009.
"On the relationship between mobility, population growth, and capital spending in the United States,"
Working Paper Series
WP-09-25, Federal Reserve Bank of Chicago.
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- Commission on Growth and Development, 2008. "The Growth Report : Strategies for Sustained Growth and Inclusive Development," World Bank Publications, The World Bank, number 6507, January.
- Sturm, Jan-Egbert, 2001. "Determinants of public capital spending in less-developed countries," CCSO Working Papers 200107, University of Groningen, CCSO Centre for Economic Research.
- repec:dgr:rugccs:200107 is not listed on IDEAS
- Benjamin E. Diokno, 2010. "Philippine fiscal behavior in recent history," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 47(1), pages 39-87, June. Full references (including those not matched with items on IDEAS)
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