Matches in SemOpenAlex for { <https://semopenalex.org/work/W3149144274> ?p ?o ?g. }
Showing items 1 to 69 of
69
with 100 items per page.
- W3149144274 abstract "The study attempts to examine the impact of infrastructure investment on economic growth in Pakistan. For this purpose, social and economic infrastructure indices are constructed using Principle Component Analysis and VECM is applied to estimate the long-run as well as short-run relationship between the variables. The study follows the theoretical background of Barro’s (1990) model of government expenditure. The theory suggests that infrastructure investment can have negative impact on economic growth if marginal product of such investment falls below price of capital. The results show that long-run impact of private investment and social infrastructure investment on economic growth is positive and significant while economic infrastructure investment affects economic growth negatively. In short-run, on the other hand, infrastructure investment does not have any significant impact on economic growth. But national savings rate and private investment rate show negative impact on growth. Whereas, price of capital and direct tax have positive impact on economic growth. Diagonastic tests are also performed to test validity of the model. The results have important policy implications as the study reveals inefficiency of infrastructure investment in Pakistan. There is need to divert resources from economic infrastructure to social infrastructure which has the potential to increase growth rate." @default.
- W3149144274 created "2021-04-13" @default.
- W3149144274 creator A5029417653 @default.
- W3149144274 date "2014-01-01" @default.
- W3149144274 modified "2023-09-26" @default.
- W3149144274 title "Significance of Infrastructure Investment for Economic Growth" @default.
- W3149144274 hasPublicationYear "2014" @default.
- W3149144274 type Work @default.
- W3149144274 sameAs 3149144274 @default.
- W3149144274 citedByCount "0" @default.
- W3149144274 crossrefType "posted-content" @default.
- W3149144274 hasAuthorship W3149144274A5029417653 @default.
- W3149144274 hasConcept C115781380 @default.
- W3149144274 hasConcept C139719470 @default.
- W3149144274 hasConcept C162324750 @default.
- W3149144274 hasConcept C169549615 @default.
- W3149144274 hasConcept C17744445 @default.
- W3149144274 hasConcept C178549432 @default.
- W3149144274 hasConcept C181308471 @default.
- W3149144274 hasConcept C199539241 @default.
- W3149144274 hasConcept C27548731 @default.
- W3149144274 hasConcept C2778348673 @default.
- W3149144274 hasConcept C2778869765 @default.
- W3149144274 hasConcept C33842695 @default.
- W3149144274 hasConcept C34447519 @default.
- W3149144274 hasConcept C556758197 @default.
- W3149144274 hasConcept C94625758 @default.
- W3149144274 hasConceptScore W3149144274C115781380 @default.
- W3149144274 hasConceptScore W3149144274C139719470 @default.
- W3149144274 hasConceptScore W3149144274C162324750 @default.
- W3149144274 hasConceptScore W3149144274C169549615 @default.
- W3149144274 hasConceptScore W3149144274C17744445 @default.
- W3149144274 hasConceptScore W3149144274C178549432 @default.
- W3149144274 hasConceptScore W3149144274C181308471 @default.
- W3149144274 hasConceptScore W3149144274C199539241 @default.
- W3149144274 hasConceptScore W3149144274C27548731 @default.
- W3149144274 hasConceptScore W3149144274C2778348673 @default.
- W3149144274 hasConceptScore W3149144274C2778869765 @default.
- W3149144274 hasConceptScore W3149144274C33842695 @default.
- W3149144274 hasConceptScore W3149144274C34447519 @default.
- W3149144274 hasConceptScore W3149144274C556758197 @default.
- W3149144274 hasConceptScore W3149144274C94625758 @default.
- W3149144274 hasLocation W31491442741 @default.
- W3149144274 hasOpenAccess W3149144274 @default.
- W3149144274 hasPrimaryLocation W31491442741 @default.
- W3149144274 hasRelatedWork W1773128895 @default.
- W3149144274 hasRelatedWork W2156385994 @default.
- W3149144274 hasRelatedWork W2351843363 @default.
- W3149144274 hasRelatedWork W2361520339 @default.
- W3149144274 hasRelatedWork W2370515386 @default.
- W3149144274 hasRelatedWork W2377239904 @default.
- W3149144274 hasRelatedWork W2478349027 @default.
- W3149144274 hasRelatedWork W2534194141 @default.
- W3149144274 hasRelatedWork W2592430202 @default.
- W3149144274 hasRelatedWork W2604723579 @default.
- W3149144274 hasRelatedWork W2619307623 @default.
- W3149144274 hasRelatedWork W2729373583 @default.
- W3149144274 hasRelatedWork W2902589556 @default.
- W3149144274 hasRelatedWork W2945831538 @default.
- W3149144274 hasRelatedWork W2947996056 @default.
- W3149144274 hasRelatedWork W3020154534 @default.
- W3149144274 hasRelatedWork W3122733670 @default.
- W3149144274 hasRelatedWork W3146213259 @default.
- W3149144274 hasRelatedWork W568233486 @default.
- W3149144274 hasRelatedWork W2118585994 @default.
- W3149144274 isParatext "false" @default.
- W3149144274 isRetracted "false" @default.
- W3149144274 magId "3149144274" @default.
- W3149144274 workType "article" @default.