Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures

Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. This paper, utilizing panel data for South African manufacturing over the 1970-2000 period, and a range of 19 infrastr...

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Main Authors:	Fedderke, J. W., Bogetic, Z.
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	National Government Expenditures and Related Policies: Infrastructures Other Public Investment and Capital Stock H540 Industry Studies: Manufacturing: General L600 Industrialization Manufacturing and Service Industries Choice of Technology O140 Project Analysis O220 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470
Online Access:	http://hdl.handle.net/10986/5719

id	okr-10986-5719
recordtype	oai_dc
spelling	okr-10986-57192021-04-23T14:02:23Z Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures Fedderke, J. W. Bogetic, Z. National Government Expenditures and Related Policies: Infrastructures Other Public Investment and Capital Stock H540 Industry Studies: Manufacturing: General L600 Industrialization Manufacturing and Service Industries Choice of Technology O140 Project Analysis O220 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. This paper, utilizing panel data for South African manufacturing over the 1970-2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure endogeneity in output equations. The paper develops an instrumentation strategy generalizable to other contexts. Controlling for the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only positive, but of economically meaningful magnitudes. 2012-03-30T07:34:12Z 2012-03-30T07:34:12Z 2009 Journal Article World Development 0305750X http://hdl.handle.net/10986/5719 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article South Africa
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	National Government Expenditures and Related Policies: Infrastructures Other Public Investment and Capital Stock H540 Industry Studies: Manufacturing: General L600 Industrialization Manufacturing and Service Industries Choice of Technology O140 Project Analysis O220 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470
spellingShingle	National Government Expenditures and Related Policies: Infrastructures Other Public Investment and Capital Stock H540 Industry Studies: Manufacturing: General L600 Industrialization Manufacturing and Service Industries Choice of Technology O140 Project Analysis O220 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Fedderke, J. W. Bogetic, Z. Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures
geographic_facet	South Africa
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. This paper, utilizing panel data for South African manufacturing over the 1970-2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure endogeneity in output equations. The paper develops an instrumentation strategy generalizable to other contexts. Controlling for the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only positive, but of economically meaningful magnitudes.
format	Journal Article
author	Fedderke, J. W. Bogetic, Z.
author_facet	Fedderke, J. W. Bogetic, Z.
author_sort	Fedderke, J. W.
title	Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures
title_short	Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures
title_full	Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures
title_fullStr	Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures
title_full_unstemmed	Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures
title_sort	infrastructure and growth in south africa : direct and indirect productivity impacts of 19 infrastructure measures
publishDate	2012
url	http://hdl.handle.net/10986/5719
_version_	1764396075760746496

Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures

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