题名: |
Infrastructure and Economic Growth in East Asia |
责任者: |
Straub, Stéphane<=>Vellutini, Charles<=>Warlters, Michael |
关键词: |
Poverty Reduction;Achieving Shared Growth;Finance and Financial Sector Development;Non Bank Financial Institutions;Economic Theory and Research;Banks and Banking Reform;Transport Economics Policy and Planning;Transport;Macroeconomics and Economic Growth |
学科分类: |
交通运输规划与管理 |
摘要: |
This paper examines whether infrastructure investment has contributed to East Asia's economic growth using both a growth accounting framework and cross-country regressions. For most of the variables used, both the growth accounting exercise and cross-country regressions fail to find a significant link between infrastructure, productivity and growth. These conclusions contrast strongly with previous studies finding positive and significant effect for all infrastructure variables in the context of a production function study. This leads us to conclude that results from studies using macro-level data should be considered with extreme caution. The Authors suggest that infrastructure investment may have had the primary function of relieving constraints and bottlenecks as they arose, as opposed to directly encouraging growth. |
出版机构: |
World Bank |
报告类型: |
咨询报告 |
详细地址: |
http://documents.worldbank.org/curated/en/2008/04/9354731/infrastructure-economic-growth-east-asia |
资源类型: |
科技(咨询、行业)报告 |
初始创建时间: |
2008-04 |
最新修改时间: |
2017-12-13T13:20:32Z |