Causality between Public Investment in Transport and Communication and Economic Growth
University of Nottingham Research Paper No. 2005/10
20 Pages Posted: 2 Aug 2005
Abstract
This paper aims to provide an explanation for the robust and consistent relationship between public investment in transport and communication and economic growth that has frequently surfaced in recent empirical studies. Using both informal and formal causality tests, the paper finds that, for a set of developing countries, the strong association is the result of the effect running from growth to public investment rather than vice versa.
Keywords: Public investment,transport and communication, economic growth
JEL Classification: O42, E62
Suggested Citation: Suggested Citation
Bose, Niloy and Haque, Mohammad Emranul, Causality between Public Investment in Transport and Communication and Economic Growth. University of Nottingham Research Paper No. 2005/10, Available at SSRN: https://ssrn.com/abstract=764465 or http://dx.doi.org/10.2139/ssrn.764465
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.