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- W4372053997 abstract "The present study attempts to test our prime hypothesisâwhether infrastructure development is a discernible factor responsible for the recent advancement in the Asian regionâ by making a group comparison of South Asian (India, Pakistan, Bangladesh and SriLanka) South East Asian countries (Malaysia, Indonesia, Thailand and South Korea), in order to study the development paradigm of growing Asia via the infrastructure development. We have taken into account three profound factors for infrastructure development: transportation,telecommunication and energy development, and constructed an Infrastructure Development Index (IDI) based on these factors. Using panel data ranging from 1980 to 2017, we have employed different econometric techniques to probe the influence of physical infrastructure on economic growth in selected Asian countries. Our findings showed that besides a number of confounding factors, the development in physical infrastructure substantially explain the economic growth in selected Asian countries. Our findings suggest that the selected Asian Countries particularly the South Asian countries should emphasize on the physical infrastructure for sustainable long run economic growth." @default.
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- W4372053997 date "2022-09-30" @default.
- W4372053997 modified "2023-09-28" @default.
- W4372053997 title "Infrastructure Development and Economic Growth: A Comparative Study of Developing and Emerging Economies of Asia" @default.
- W4372053997 doi "https://doi.org/10.31703/ger.2022(vii-iii).05" @default.
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