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Productivity impacts of infrastructure development in Asia
Economic Systems ( IF 2.8 ) Pub Date : 2020-12-31 , DOI: 10.1016/j.ecosys.2020.100851
Umaima Arif , Muhammad Javid , Farzana Naheed Khan

This study investigates the impact of infrastructure capital on total factor productivity in selected Asian countries. The scope of the assessment is broadened by exploring the effect of infrastructure development on sectoral differences in total factor productivity. The study calculated the total factor productivity over the period 2006–2016 for 16 manufacturing industries in 19 Asian countries. Further, the impact of lagged infrastructure and endowment is also explored with an eye toward improving different infrastructural measures. The empirical findings show that lagged infrastructure and endowment exert a positive and significant impact on infrastructural improvement. The impact of telecommunications, road, and power infrastructure on sectoral productivity is investigated by applying the fully modified ordinary least squares estimation technique to control the endogeneity problem associated with infrastructure provision. Overall, the empirical findings show that infrastructure provision, particularly the provision of telecommunications and power, is an important factor for explaining patterns of comparative advantage, whereas the provision of roads is important to explain patterns of absolute advantage. The results further indicate that road infrastructure is more important for low technology-intensive industries, while power infrastructure is crucial for high technology-intensive industries.



中文翻译:

亚洲基础设施发展对生产力的影响

这项研究调查了某些亚洲国家的基础设施资本对全要素生产率的影响。通过探索基础设施发展对全要素生产率部门差异的影响,扩大了评估范围。该研究计算了2006年至2016年期间19个亚洲国家的16个制造业的全要素生产率。此外,还着眼于改善不同的基础设施措施,探索了落后的基础设施和end赋的影响。实证结果表明,落后的基础设施和end赋对基础设施的改善产生了积极而显着的影响。电信对道路的影响,通过应用完全修改的普通最小二乘估计技术来控制与基础设施供应相关的内生性问题,研究电力基础设施对部门生产率的影响。总体而言,经验结果表明,基础设施的提供,特别是电信和电力的提供,是解释比较优势模式的重要因素,而道路的提供对于解释绝对优势的模式很重要。结果进一步表明,道路基础设施对技术密集度较低的行业更为重要,而电力基础设施对技术密集度较高的行业至关重要。特别是电信和电力的提供,是解释比较优势模式的重要因素,而道路的提供对于解释绝对优势模式很重要。结果进一步表明,道路基础设施对技术密集度较低的行业更为重要,而电力基础设施对技术密集度较高的行业至关重要。特别是电信和电力的提供,是解释比较优势模式的重要因素,而道路的提供对于解释绝对优势模式很重要。结果进一步表明,道路基础设施对技术密集度较低的行业更为重要,而电力基础设施对技术密集度较高的行业至关重要。

更新日期:2020-12-31
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