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The Role and Impact of Infrastructure in Middle-Income Countries: Anything Special?

dc.contributor.authorAbdul Abiad
dc.contributor.authorMargarita Debuque-Gonzales
dc.contributor.authorAndrea Loren Sy
dc.date.accessioned2017-10-18T19:02:50Z
dc.date.available2017-10-18T19:02:50Z
dc.date.issued2017-08-30
dc.identifier.issn2313-6537 (Print)
dc.identifier.issn2313-6545 (e-ISSN)
dc.identifier.urihttp://hdl.handle.net/11540/7390
dc.description.abstractWe examine the evolution of infrastructure, and the impact of infrastructure investment, in middleincome countries (MICs). We document how different types of infrastructure stocks, as well as infrastructure investment, vary with the level of development and growth performance. We then use the two-stage approach of Corsetti, Meier, and Müller (2012) to identify exogenous public investment shocks and investigate the macroeconomic impact of these shocks. We find that the provision of infrastructure varies across development stages; there is a focus on basic infrastructure, such as transport, water, and sanitation, during early stages, and an emphasis on “advanced” infrastructure, such as power and especially information and communication technology, in later stages. Better-performing MICs tend to invest more in infrastructure. They also have more information and communication technology infrastructure. Finally, we find a more significant and sustained impact of exogenous public investment shocks on output in MICs than in low-income countries.
dc.languageEnglish
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.titleThe Role and Impact of Infrastructure in Middle-Income Countries: Anything Special?
dc.typeWorking Papers
dc.subject.expertDevelopment strategy
dc.subject.expertDevelopment models
dc.subject.expertEconomic development
dc.subject.expertNew technology
dc.subject.expertRural planning
dc.subject.expertAid coordination
dc.subject.expertIndustrial projects
dc.subject.expertInfrastructure projects
dc.subject.expertNatural resources policy
dc.subject.expertEducational development
dc.subject.expertAbsorptive capacity
dc.subject.adbDevelopment Planning
dc.subject.adbDevelopment Research
dc.subject.adbTechnology Development
dc.subject.adbAid And Development
dc.subject.adbAsian Development Bank
dc.subject.adbComprehensive Development Framework
dc.subject.adbDevelopment Cooperation
dc.subject.adbDevelopment Management
dc.subject.adbDevelopment Planning
dc.subject.adbDevelopment Strategies
dc.subject.naturalRural planning
dc.subject.naturalRegional development bank
dc.subject.naturalProject finance
dc.subject.naturalStrategic planning
dc.subject.naturalInfrastructure projects
dc.subject.naturalGovernment programs
dc.subject.naturalPublic finance
dc.subject.naturalPublic enterprises
dc.subject.naturalDevelopment
dc.subject.naturalEconomics
dc.subject.naturalDevelopment In East Asia
dc.subject.naturalDevelopment Planning
dc.subject.naturalDevelopment Research
dc.subject.naturalTechnology Development
dc.subject.naturalAid And Development
dc.subject.naturalAsian Development Bank
dc.subject.naturalComprehensive Development Framework
dc.subject.naturalDevelopment Cooperation
dc.subject.naturalDevelopment Management
dc.subject.naturalDevelopment Planning
dc.subject.naturalDevelopment Strategies
dc.subject.naturalDevelopment strategy
dc.subject.naturalDevelopment models
dc.subject.naturalEconomic development
dc.subject.naturalNew technology
dc.subject.naturalRural planning
dc.subject.naturalAid coordination
dc.subject.naturalIndustrial projects
dc.subject.naturalInfrastructure projects
dc.subject.naturalNatural resources policy
dc.subject.naturalEducational development
dc.subject.naturalAbsorptive capacity
dc.subject.naturalEconomic development projects
dc.subject.naturalEconomic forecasting
dc.subject.naturalEconomic development projects
dc.subject.naturalMunicipal government
dc.subject.naturalTechnology transfer
dc.subject.naturalExchanges of patents and technical information
dc.subject.naturalTechnical education
dc.subject.naturalTechnology
dc.subject.naturalCommunication in rural development
dc.subject.naturalCommunication in community development
dc.subject.naturalEconomic development projects
dc.subject.naturalDevelopment banks
dc.subject.naturalEconomic forecasting
dc.subject.naturalEnvironmental auditing
dc.subject.naturalCumulative effects assessment
dc.subject.naturalHuman rights and globalization
dc.subject.naturalTransfer Technocracy
dc.subject.naturalAbsorptive capacity
dc.title.seriesADB Economics Working Paper Series
dc.title.volumeNo. 518
dc.contributor.imprintAsian Development Bank
oar.themeDevelopment
oar.themeEconomics
oar.adminregionAsia and the Pacific Region
oar.countryBangladesh
oar.countryBhutan
oar.countryIndia
oar.countryMaldives
oar.countryNepal
oar.countrySri Lanka
oar.countryBrunei Darussalam
oar.countryCambodia
oar.countryIndonesia
oar.countryLao People's Democratic
oar.countryMalaysia
oar.countryMyanmar
oar.countryPhilippines
oar.countrySingapore
oar.countryThailand
oar.countryViet Nam
oar.countryCook Islands
oar.countryFiji Islands
oar.countryKiribati
oar.countryMarshall Islands
oar.countryFederated States of Micronesia
oar.countryNauru
oar.countryPalau
oar.countryPapua New Guinea
oar.countrySamoa
oar.countrySolomon Islands
oar.countryTimor-Leste
oar.countryTonga
oar.countryTuvalu
oar.countryVanuatu
oar.countryAfghanistan
oar.countryArmenia
oar.countryAzerbaijan
oar.countryGeorgia
oar.countryKazakhstan
oar.countryKyrgyz Republic
oar.countryPakistan
oar.countryTajikistan
oar.countryTurkmenistan
oar.countryUzbekistan
oar.countryPeople's Republic of China
oar.countryHong Kong
oar.countryChina
oar.countryRepublic of Korea
oar.countryMongolia
oar.countryTaipei,China
oar.identifierOAR-007000
oar.authorAbiad, Abdul
oar.authorDebuque-Gonzales, Margarita
oar.authorSy, Andrea Loren
oar.importTRUE
oar.googlescholar.linkpresenttrue


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