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How Relevant Is Infrastructure To Growth in East Asia? / Seethepalli, Kalpana
- Format:
- Book
- Government document
- Author/Creator:
- Seethepalli, Kalpana
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Banks and Banking Reform.
- Communities & Human Settlements.
- Externalities.
- Finance infrastructure.
- Governance.
- Governance Indicators.
- Infrastructure development.
- Road.
- Road infrastructure.
- Roads.
- Sanitation.
- Tax.
- Transparency.
- Transport.
- Transport Economics, Policy and Planning.
- Urban Development.
- Urban Services to the Poor.
- Urban Slums Upgrading.
- Local Subjects:
- Banks and Banking Reform.
- Communities & Human Settlements.
- Externalities.
- Finance infrastructure.
- Governance.
- Governance Indicators.
- Infrastructure development.
- Road.
- Road infrastructure.
- Roads.
- Sanitation.
- Tax.
- Transparency.
- Transport.
- Transport Economics, Policy and Planning.
- Urban Development.
- Urban Services to the Poor.
- Urban Slums Upgrading.
- Physical Description:
- 1 online resource (42 pages)
- Place of Publication:
- Washington, D.C., The World Bank, 2008
- System Details:
- data file
- Summary:
- This paper seeks to shed some light on the extent to which infrastructure sub-sectors - energy, telecommunications, water supply, sanitation, and transport - contributed to growth in East Asia during 1985-2004. It also attempts to provide additional insights on whether the relationship between infrastructure and growth depends on five additional variables: the degree of private participation in infrastructure, the quality of governance, the extent of rural-urban inequality in access to infrastructure services, country income levels, as well as geography. The findings show that greater stocks of infrastructure were indeed associated with higher growth. However, a more nuanced look at the sensitivity of infrastructure impacts on the five additional variables yields different results, with some sectors supporting conventional expectations and others yielding mixed or counter-intuitive results. In particular, the telecom and sanitation sectors yield statistically significant results supporting the a priori hypotheses; electricity and water infrastructure provide mixed results; and road infrastructure consistently contradicts a priori expectations. The results are consistent with the widely-accepted idea in policy research that infrastructure plays an important role in promoting growth, as well as with the viewpoint that certain countries' endowments influence the growth-related impacts of infrastructure.
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