Infrastructure and Economic Growth in the Middle East and North Africa

This paper analyzes the impact of infrastructure on growth of total factor productivity and per capita income, using both growth accounting techniques and cross-country growth regressions. The two econometric techniques yield some consistent and so...

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Bibliographic Details
Main Authors:	Um, Paul Noumba, Straub, Stephane, Vellutini, Charles
Format:	Policy Research Working Paper
Language:	English
Published:	2012
Subjects:	AGGREGATE OUTPUT AGGREGATE PRODUCTION FUNCTION APPROACH AVAILABILITY AVERAGE GROWTH AVERAGE GROWTH RATE CAPITAL FORMATION COUNTRY REGRESSIONS CROSS COUNTRY DECREASING RETURNS DEMAND FOR ELECTRICITY DEPENDENT VARIABLE DEVELOPING COUNTRIES DEVELOPMENT INDICATORS DISTRIBUTION LOSSES E-SERVICES ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC REFORMS ECONOMICS ELASTICITY ELECTRIC POWER ELECTRIC SERVICES ELECTRIC_POWER ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY GENERATION ELECTRICITY PRODUCTION ELECTRIFICATION ENABLING ENVIRONMENTS END USERS ENDOGENOUS VARIABLE ENERGY INFRASTRUCTURE ERROR TERM EXPLANATORY VARIABLES EXTERNALITIES FIXED EFFECTS GENERATING CAPACITY GENERATION GENERATION CAPACITY GEOGRAPHICAL AREA GROWTH ACCOUNTING GROWTH EFFECT GROWTH IMPACT GROWTH RATE GROWTH RATES GROWTH REGRESSION GROWTH REGRESSIONS HUMAN CAPITAL ICT ID INFRASTRUCTURE ACCESS INFRASTRUCTURE INVESTMENT INFRASTRUCTURE POLICIES INFRASTRUCTURES INVENTORY INVESTMENT CLIMATE KNOWLEDGE SHARING MANUFACTURING MANUFACTURING INDUSTRY MARGINAL EFFECT MOBILE COMMUNICATION MOBILE PHONE MOBILE PHONES MOBILE TELEPHONY NATURAL GAS NEGATIVE SIGN OIL OIL PRODUCING OIL PRODUCING COUNTRIES OIL RESERVES OIL RESOURCES PANEL REGRESSIONS PC PER CAPITA GROWTH PER CAPITA INCOME PETROLEUM PHYSICAL INFRASTRUCTURE POLICY RESEARCH POLITICAL STABILITY POPULATION DENSITY POPULATION GROWTH POWER PRIVATE INVESTMENT PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR INVESTMENT PRIVATE SECTOR PARTICIPATION PRODUCTION FUNCTION PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT QUALITY OF SERVICES RAIL RAIL ROUTE RAILROADS RAILWAY RAILWAY LINES RAILWAYS RESULT RESULTS ROAD ROAD NETWORK ROADS ROUTE SANITATION SENSITIVITY ANALYSIS SERVICE PROVIDERS SIGNIFICANT EFFECT TELECOM TELECOMMUNICATION TELECOMMUNICATION DEVELOPMENT TELECOMMUNICATIONS TELECOMMUNICATIONS INFRASTRUCTURE TELEPHONE TELEPHONE CONNECTION TELEPHONE LINES TELEPHONES TFP TIME PERIOD TOTAL FACTOR PRODUCTIVITY TRANSMISSION TRANSPORT TRUE UNIVERSAL ACCESS USES WEB
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091031151739 http://hdl.handle.net/10986/4296

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Summary:	This paper analyzes the impact of infrastructure on growth of total factor productivity and per capita income, using both growth accounting techniques and cross-country growth regressions. The two econometric techniques yield some consistent and some different results. Regressions based in the growth accounting framework suggest that electricity production helps explain cross-country differences in total factor productivity growth in the Middle East and North Africa region. Growth regressions support that conclusion, while also stressing an effect of telecommunications infrastructure. Finally, growth regressions also indicate quite consistently that the returns to infrastructure have been lower in the Middle East and North Africa region than in developing countries as a whole.

Infrastructure and Economic Growth in the Middle East and North Africa

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