Details

Summary:

This paper examines the effects of improvements in infrastrucutre on sectoral growth and firm-level investment, focusing on six Latin American countries. Exploiting the heterogeneity in the quality of infrastructure across countries and the intrinsic variation in the dependence of sectors on infrastructure, I find that better infrastructure raises growth and investment. Improved infrastructure could yield large economic benefits. For example, if the quality of infrastructure in Colombia increased to the sample median (Czech Republic), GDP growth would increase by about 0.1 percentage points.

Notes:

Part of the IMF eLibrary collection.
Description based on print version record.

Contributor:

Lanau, Sergi

Other format:

Print Version: Lanau, Sergi The Growth Return of Infrastructure in Latin America

ISBN:

1475578954
9781475578959

ISSN:

1018-5941

Publisher Number:

10.5089/9781475578959.001 doi

Access Restriction:

Restricted for use by site license.