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• W2736660718 abstract "This paper examines the growth effects of infrastructure stock and quality in Sub Saharan Africa (SSA). While previous studies established that the poor state of infrastructure in SSA slows economic growth, there is little evidence on infrastructure quality and a robust analysis on the causal links between infrastructure and economic growth. Using principal components analysis to cluster different infrastructure measures and examining the infrastructure-growth nexus in a Generalised Method of Moments while accounting for heterogeneity in a panel setting, our results reveal strong evidence of a positive effect of infrastructure development on economic growth with most contribution coming from infrastructure stock. The quality-growth effect is weak, thus giving credence to the combined effects of infrastructure stock and quality on growth, especially in regions with moderately high quality, and smaller in those with poorer quality. However, the long-term quality effect is higher than the short-term. Among the disaggregated infrastructure components, electricity supply exerted the greatest downward pressure on growth in SSA. Lastly, we find evidence for a unidirectional causality from aggregate infrastructure to growth. A number of policy implications are discussed." @default.
• W2736660718 created "2017-07-31" @default.
• W2736660718 creator A5005101979 @default.
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• W2736660718 date "2017-07-26" @default.
• W2736660718 modified "2023-10-18" @default.
• W2736660718 title "The nexus between infrastructure (quantity and quality) and economic growth in Sub Saharan Africa" @default.
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• W2736660718 doi "https://doi.org/10.1080/02692171.2017.1355356" @default.
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