2010
DOI: 10.1080/17487870.2010.523980
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Economic growth in India: the role of physical and social infrastructure

Abstract: We investigate the role of physical and social infrastructure in economic growth in India after controlling for other important variables such as investment, labour force, and trade, using the Two-Stage Least Squares (TSLS) and Dynamic Ordinary Least Squares (DOLS) techniques, for the period 1970 to 2006. In this context we develop a composite index of physical infrastructure stocks and examine its impact on output. We find that physical and social infrastructures have a significant positive impact on output a… Show more

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Cited by 48 publications
(37 citation statements)
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“…The uncertainties are also partly driven by the demographic and economic forecasts; thus, much depends on the specific demographic and economic trajectories these regions will follow by 2030. For example, China may boost its urban expansion by relaxing its one-child policy [55] whereas urban expansion in India may be stunted due to insufficient or inefficient infrastructure [56].…”
Section: Discussionmentioning
confidence: 99%
“…The uncertainties are also partly driven by the demographic and economic forecasts; thus, much depends on the specific demographic and economic trajectories these regions will follow by 2030. For example, China may boost its urban expansion by relaxing its one-child policy [55] whereas urban expansion in India may be stunted due to insufficient or inefficient infrastructure [56].…”
Section: Discussionmentioning
confidence: 99%
“…Similarly, Easterly and Levine (2001) found no evidence to suggest that capital accumulation results in faster economic growth. For India, Dash and Sahoo (2010) examined the relation between physical and social infrastructure, and economic growth, and found a unidirectional causality from infrastructure development and human capital to output growth. Again, with the exception of Bond, Leblebicioglu, and Schiantarelli.…”
Section: A Brief Review Of Empirical Literaturementioning
confidence: 99%
“…Education opportunities, health care, culture experience, leisure and entertainment activities, and commuting capabilities are generally considered as the major demands of contemporary urban lives. Unlike the infrastructures for economic developments, social infrastructures are the facilities and venues that mainly serve the various needs of residents in daily life [23,24]. Accompanied with the process of rapid urbanization, China has also developed, and been gradually improving its social infrastructure system to satisfy the demands of residents in different aspects [25].…”
Section: Living Demands and Social Infrastructure Developments In Urbmentioning
confidence: 99%