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Infrastructure and Growth in Developing Asia

Author

Listed:
  • Straub, Stéphane

    (Toulouse School of Economics)

  • Terada-Hagiwara, Akiko

    (Asian Development Bank)

Abstract

This paper presents the state of infrastructure in developing Asian countries. It applies two distinct approaches (growth regressions and growth accounting) to analyze the link between infrastructure, growth, and productivity. The main conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in the recent past, and this 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), while the impact on productivity is inconclusive.

Suggested Citation

  • Straub, Stéphane & Terada-Hagiwara, Akiko, 2010. "Infrastructure and Growth in Developing Asia," ADB Economics Working Paper Series 231, Asian Development Bank.
    • Handle: RePEc:ris:adbewp:0231
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    References listed on IDEAS

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    More about this item

    Keywords

    developing countries; economic growth; infrastructure; productivity;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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