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Infrastructure and Growth

In: Infrastructure and Economic Growth in Asia

Author

Listed:
  • Yazid Dissou

    (University of Ottawa)

  • Selma Didic

    (University of Ottawa)

Abstract

While a high rate of economic growth does not necessarily reduce inequality or poverty, there seems to be a consensus among researchers and policy makers that continuous, rapid economic growth is required for poverty alleviation. Governments around the world are continually looking for new strategies to increase the ability of their economies to produce goods and services. In this light, over the last two decades, economists have developed more sophisticated models to evaluate the potential economic impacts of different supply-side policies that aim to raise the productive capacity of the economy. Specifically, alongside modelling the main factors of production – physical capital and labour – these models seek to account for the concurrent use of non-traditional inputs, such as public infrastructure and education, as key contributing factors to economic growth.

Suggested Citation

  • Yazid Dissou & Selma Didic, 2013. "Infrastructure and Growth," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: John Cockburn & Yazid Dissou & Jean-Yves Duclos & Luca Tiberti (ed.), Infrastructure and Economic Growth in Asia, edition 127, pages 5-45, Springer.
    • Handle: RePEc:spr:esichp:978-3-319-03137-8_2
    DOI: 10.1007/978-3-319-03137-8_2
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    Cited by:

    1. Välilä, Timo, 2020. "Infrastructure and growth: A survey of macro-econometric research," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 39-49.
    2. Hugh Goldsmith, 2014. "The Long-Run Evolution of Infrastructure Services," CESifo Working Paper Series 5073, CESifo.

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