Infrastructure And Development: A Critical Appraisal Of The Macro Level Literature

Straub, Stéphane

doi:10.1596/1813-9450-4590

Cited by 82 publications

(84 citation statements)

References 50 publications

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“…Banister and Berechman (2001) suggest that economic conditions, investment conditions and the political and institutional conditions are three sets of necessary conditions for economic development to take place. Straub (2011) indicates that economic effects crucially depend on a set of conditions enabling the development of productive activities, such as the right set of incentives and suitable human capital.…”

Section: Related To Different Contextsmentioning

confidence: 99%

Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges

Deng

2013

Transport Reviews

124

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The paper provides an update of the survey focusing on estimating the contribution of transport infrastructure to productivity and economic growth. The central questions addressed are possible reasons behind the conflicting results reported in the literature on the elasticity of economic output with respect to transport infrastructure investment. After providing a systematic review of recent empirical studies on the effects of transport infrastructure on productivity and economic growth, the paper notes that controversial results can be attributed to ten causes (grouped into three categories for distinguishing): (1) related to different contexts: research period, geographical scales, and country's capability in enabling economic development; (2) related to different phenomena that are being measured: different economic sectors, different types of transport infrastructure, and different quality levels of transport infrastructure; and (3) related to distinct ways of measuring a similar phenomenon: measures used to describe the dependent variable and explanatory variable, functional specification, and estimation method of the econometric model. Strong network externalities of transport infrastructure may result in nonlinearity of the relationship between transport infrastructure and economic growth. Moreover, the absence of spatial concerns in infrastructure's impacts is another important source of inconclusive results. Finally, building on recent literature, the paper has discussed policy implications and identified several research avenues for further research.

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Section: Related To Different Contextsmentioning

confidence: 99%

Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges

Deng

2013

Transport Reviews

124

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“…Infrastructure is variously measured in terms of physical stocks, spending flows or capital stocks. Estache (2006), Romp and de Haan (2007) and Straub (2008) offer comprehensive surveys of this literature. Admittedly, more of these studies are based on the experience of developed economies.…”

Section: Macroeconomic Evidencementioning

confidence: 99%

Infrastructure, Economic Growth and Poverty Reduction in Africa

Jerome¹

2011

Journal of Infrastructure Development

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The relationship between infrastructure, growth and poverty is empirically robust in the macroeconomic and microeconomic literature as well as in the rapidly evolving randomised field evaluation studies. This article appraises the role of infrastructure in economic growth and poverty alleviation in Africa. It notes that Africa's infrastructure is still much below international standards in terms of quantity and quality. Access, affordability and quality of service continue to be key issues in all infrastructure sectors. Poverty was also not carefully addressed as part of the regulatory and other reform packages implemented during the 1990s. Not surprisingly, the infrastructure needs of the poor, the majority of who reside in rural and peri-urban areas have not been met and they continue to rely on unsafe, unreliable and often overpriced alternatives to compensate for the policy failures. Unlike the reforms of the 1990s which were shaped by ideological cleavages and blame game, there is gradually a coalescing of opinions on the reform agenda in the twenty-first century. The choice is no longer between a segregation of public and private provision but mutual collaboration between both actors. The public sector is now expected to play a much more important role in financing infrastructure than previously acknowledged, while the private sector should assist in meeting the significant needs associated with infrastructure construction, operation, and to some extent, financing in sectors such as telecommunications, energy generation, and transport services in which commercial and political risks are much lower. JEL Classification: F3, L3, L9, N17, 055

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“…Another issue is the measurement of aid projects in road infrastructure. Prior work tends to use the aggregate amount of aid as categorized by the transport sector or the total length of roads at the country level (Straub ). In this respect, we exploit substantially improved measures of foreign aid for road infrastructure.…”

Section: Discussionmentioning

confidence: 99%

Does Aid for Roads Attract Foreign or Domestic Firms? Evidence from Cambodia

Tanaka

Tsubota

2013

The Developing Economies

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Less developed countries have received substantial foreign aid for transport infrastructure, making its quantitative assessment important. To investigate the effect of aid for road infrastructure on the location of foreign and domestic firms, this study employs the first comprehensive census on all business establishments in Cambodia for 2011 and measures the geographical distribution of aid disbursements in roads. Estimating a negative binomial model, we find that aid disbursements in roads have little influence on the entry of foreign and domestic firms across communes. Compared with the aid effect, the location of firms is more strongly influenced by other determinants such as population size, electricity access, and labor supply.

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Infrastructure And Development: A Critical Appraisal Of The Macro Level Literature

Cited by 82 publications

References 50 publications

Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges

Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges

Infrastructure, Economic Growth and Poverty Reduction in Africa

Does Aid for Roads Attract Foreign or Domestic Firms? Evidence from Cambodia

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