Infrastructure and Structural Change
Access to infrastructure support economic development through both capital accumulation and structural transformation. This paper investigates the links between investments in electricity, Internet, and road infrastructure, in isolation and bundled...
| Main Authors: | , |
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| Format: | Report |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/undefined/500441634242042417/Infrastructure-and-Structural-Change http://hdl.handle.net/10986/36459 |
| Summary: | Access to infrastructure support
economic development through both capital accumulation and
structural transformation. This paper investigates the links
between investments in electricity, Internet, and road
infrastructure, in isolation and bundled, and economic
development in the Horn of Africa, a region that includes
countries with different levels of infrastructure and
economic development. Using data on the expansion of the
road, electricity, and Internet networks, it provides
reduced-form estimates of the impacts of infrastructure
investments on the sectoral composition of employment. It
uses a spatial general equilibrium model, based on Moneke
(2020), to quantify the impacts of future transport
investments and trade facilitation measures on economic
development in the Horn of Africa countries. |
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