Impact of infrastructure investment on developed and developing economies
This paper uses two longitudinal datasets—one with more limited coverage from the organization for economic co-operation and development and another constructed using general government gross fixed capital formation—to test for the relative effects of infrastructure versus non-infrastructure investm...
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| Veröffentlicht in: | Economic change and restructuring 2021-11, Vol.54 (4), p.995-1024 |
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| container_title | Economic change and restructuring |
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| creator | Han, Xuehui Su, Jiaqi Thia, Jang Ping |
| description | This paper uses two longitudinal datasets—one with more limited coverage from the organization for economic co-operation and development and another constructed using general government gross fixed capital formation—to test for the relative effects of infrastructure versus non-infrastructure investment on output per worker, between developed and developing economies. The paper presents evidence that increasing infrastructure per worker has a larger relative impact on developing economies. This also implies that the share of gross capital formation devoted to infrastructure should be higher in developing economies. |
| doi_str_mv | 10.1007/s10644-020-09287-4 |
| format | Article |
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| ispartof | Economic change and restructuring, 2021-11, Vol.54 (4), p.995-1024 |
| issn | 1573-9414 1574-0277 |
| language | eng |
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| source | SpringerLink Journals; Business Source Complete |
| subjects | Capital formation Development Economics Economic development Economic Growth Economic Policy Economics Economics and Finance Infrastructure International Economics Macroeconomics/Monetary Economics//Financial Economics Political Economy/Economic Systems |
| title | Impact of infrastructure investment on developed and developing economies |
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