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Public Infrastructure and Economic Growth in Sub Saharan Africa - Couverture souple

Kamara, Ibrahim Bun

 
9783845438429: Public Infrastructure and Economic Growth in Sub Saharan Africa
Couverture souple
ISBN 10 : 3845438428 ISBN 13 : 9783845438429
Editeur : LAP LAMBERT Academic Publishing, 2011

Synopsis

This study is an investigation about the growth effect of public infrastructure in Sub Saharan Africa. Using an endogenous growth theoretical framework, public infrastructure is considered as an input in production. This allows infrastructure to affect economic growth directly as an input and indirectly through enhancing the productivity of other inputs. Using flow and stock variables of infrastructure with dynamic panel data econometric estimation methodologies, public investment in economic and social infrastructure sectors is found to have positive and significant contributions to aggregate per capita income. Additionally, both current and capital expenditure levels of government were found to have significantly positive effects to aggregate income. By implication, the levels of infrastructure and the sizes of governments in the sample of countries used for the analysis are not yet beyond their optimal levels. Hence provision of additional infrastructure through public investment is still justified.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

This study is an investigation about the growth effect of public infrastructure in Sub Saharan Africa. Using an endogenous growth theoretical framework, public infrastructure is considered as an input in production. This allows infrastructure to affect economic growth directly as an input and indirectly through enhancing the productivity of other inputs. Using flow and stock variables of infrastructure with dynamic panel data econometric estimation methodologies, public investment in economic and social infrastructure sectors is found to have positive and significant contributions to aggregate per capita income. Additionally, both current and capital expenditure levels of government were found to have significantly positive effects to aggregate income. By implication, the levels of infrastructure and the sizes of governments in the sample of countries used for the analysis are not yet beyond their optimal levels. Hence provision of additional infrastructure through public investment is still justified.

Biographie de l'auteur

He was born in Sierra Leone and studied at University of Sierra Leone, Pan African Institute for Development in Zambia, University of Botswana and he got his PhD at University of Cape Town. He is a career economist with experience that spans from agriculture and integrated rural development economic planning to international policy analysis.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
LAP LAMBERT Academic Publishing
Date d'édition
2011
Langue
anglais
ISBN 10 
3845438428
ISBN 13 
9783845438429
Reliure
Broché
Nombre de pages
160
Coordonnées du fabricant
non disponible
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