Impact of economic and social infrastructure on the long-run economic growth of Pakistan

被引:2
|
作者
Sabir, Samina [1 ]
Shamshir, Musarrat [2 ]
机构
[1] Univ Azad Jammu & Kashmir, Kashmir Inst Econ, Muzaffarabad, Azad Kashmir, Pakistan
[2] Greenwich Univ, Karachi, Pakistan
关键词
Economic growth; Infrastructure; Public capital; Human capital; GOVERNMENT EXPENDITURE; PUBLIC-EXPENDITURE; PRODUCTIVITY; POLICY; MODEL;
D O I
10.1007/s40899-020-00361-3
中图分类号
TV21 [水资源调查与水利规划];
学科分类号
081501 ;
摘要
The prime aim of this study is to explore the effect of infrastructure on long-run economic growth of Pakistan for the time period 1971-2014 using Autoregressive Distributed Lag (ARDL) method. Infrastructure is disaggregated into economic and social infrastructure to analyze its impact on economic growth. Results reveal that road infrastructure has negative influence on per capita GDP. However, energy consumption, electricity consumption, secondary school enrollment and life expectancy positively and statistically significantly impact per capita GDP. Similarly, composite economic infrastructure index and human capital index have positive impact on GDP per capita.
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页数:16
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