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Governance, Institutions, and Regional Infrastructure in Asia

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  • Prabir De

    (Asian Development Bank Institute)

Abstract

This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development : every one point improvement in governance results in a 1 to 1.5 point rise in regional infrastructure. Countries (and regions) with higher income, stronger institutions, better governance, and more open economies are likely to have higher levels of regional infrastructure. The findings of this paper suggest that our efforts to promote regional infrastructure must not be limited to traditional policy measures aimed at attracting investment in infrastructure, but must also address policy reform across a number of areas. Thus, institutions and governance must play an important complementary role in strengthening Asias regional infrastructure.

Suggested Citation

  • Prabir De, 2010. "Governance, Institutions, and Regional Infrastructure in Asia," Governance Working Papers 22878, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:govern:22878
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    2. Prabir De, 2010. "Does Governance Matter for Enhancing Trade? Empirical Evidence from Asia," Governance Working Papers 22792, East Asian Bureau of Economic Research.
    3. Foa, R. & Tanner, J.C., 2012. "Methodology of the Indices of Social Development," ISD Working Paper Series 2012-04, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    4. Harinder Kohli & Ashok Sharma & Anil Sood (ed.), 2011. "Asia 2050: Realizing the Asian Century," Books, Emerging Markets Forum, edition 1, number asia2050, July.
    5. Serkan Degirmenci, 2011. "Do Institutions Matter for Regional Economic Growth and Development? The Case of Turkey," ERSA conference papers ersa11p1374, European Regional Science Association.
    6. Serkan Degirmenci, 2011. "Do Institutions Matter for Regional Economic Growth and Development? The Case of Turkey," ERSA conference papers ersa11p1180, European Regional Science Association.
    7. Anil Sood & Y. Aaron Szyf, 2011. "Productivity and Technology for Asia’s Growth," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 3(3), pages 313-334, September.
    8. Ambaw Desalegn & Nigussie Solomon, 2022. "The Interrelationship among Institutional Capacity, Infrastructure Governance and Equity, and Nation-Building Process in Ethiopia," Public Organization Review, Springer, vol. 22(3), pages 627-647, September.
    9. Anil Sood & Y. Aaron Szyf, 2011. "Productivity and Technology for Asia’s Growth," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 3(3), pages 313-334, September.
    10. Timilsina,Govinda R. & Sahoo,Pravakar & Dash,Ranjan Kumar, 2022. "Why Do Indian States Differ in Their Infrastructure Development ?," Policy Research Working Paper Series 10086, The World Bank.
    11. Muhammad Azam, 2022. "Governance and Economic Growth: Evidence from 14 Latin America and Caribbean Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1470-1495, June.

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    More about this item

    Keywords

    Governance; institutions; Regional Infrastructure; Asia;
    All these keywords.

    JEL classification:

    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • F10 - International Economics - - Trade - - - General
    • F15 - International Economics - - Trade - - - Economic Integration

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