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• W2912166567 startingPage "1239" @default.
• W2912166567 abstract "This paper attempts to shed new empirical light on infrastructure's role in economic growth using a semiparametric smooth coefficient model to avoid specification problems in some existing studies and admit infrastructure‐induced nonlinearity and parameter heterogeneity. Estimated by a three‐step procedure that controls for endogeneity in both the regressors and the environmental variable (infrastructure), the model is applied to the empirical context of telecommunications infrastructure in a fast‐growing economy, China. The results reveal that telecommunications contribute to output through various sources, namely its neutral and non‐neutral impacts. The total/net effect is positive but largely decreases with telecommunications stocks. ( JEL L96, O4, O1)" @default.
• W2912166567 created "2019-02-21" @default.
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• W2912166567 date "2019-02-25" @default.
• W2912166567 modified "2023-09-26" @default.
• W2912166567 title "HOW DOES INFRASTRUCTURE AFFECT ECONOMIC GROWTH? INSIGHTS FROM A SEMIPARAMETRIC SMOOTH COEFFICIENT APPROACH AND THE CASE OF TELECOMMUNICATIONS IN CHINA" @default.
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• W2912166567 doi "https://doi.org/10.1111/ecin.12770" @default.
• W2912166567 hasPublicationYear "2019" @default.
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