European Business Schools Librarian's Group
Working Papers,
Copenhagen Business School, Department of Economics
No 6-2022: The structural and productivity effects of infrastructure provision in developed and developing countries
Luis Orea (), Inmaculada Álvarez-Ayuso () and Luis Servén ()
Additional contact information
Luis Orea: University of Oviedo
Inmaculada Álvarez-Ayuso: Universidad Autónoma de Madrid
Luis Servén: Centro de Estudios Monetarios y Financieros
Abstract: In this paper, we provide an empirical assessment of the effects of infrastructure provision on structural change and aggregate productivity using industry-level data for a set of developed and developing countries over 1995-2010. A distinctive feature of our empirical strategy is that it allows the measurement of the resource reallocation directly attributable to infrastructure provision. To achieve this, we propose a two-level top-down decomposition of aggregate productivity that combines and extends several strands of the literature. In our empirical application, we find significant production losses attributable to misallocation of inputs across firms, especially among African countries. Our empirical application also shows that infrastructure provision has stimulated aggregate TFP growth through both within and between-industry productivity gains.
Keywords: Productivity growth; Resource allocation; Stochastic frontier analysis; Structural change
Language: English
35 pages, February 3, 2022
Full text files
3af77dbe-c4bb-4b6d-856c-c7285596396eFull text
- Copenhagen Business School, Department of Economics
- Ordering Working Papers
- Home page for this series
Questions (including download problems) about the papers in this series should be directed to Lars Nondal ()
Report other problems with accessing this service to Sune Karlsson ().
RePEc:hhs:cbsnow:2022_006This page generated on 2024-11-13 04:36:07.