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Infrastructure and economic growth in East Asia (English)

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...
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Straub,Stephane; Vellutini,Charles; Warlters,Michael Ian.

Infrastructure and economic growth in East Asia (English). Policy Research working paper ; no. WPS 4589 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/614991468027549599

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