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Convergence and Equality of Road Infrastructure: A Cross Country Analysis

Convergence and Equality of Road Infrastructure: A Cross Country Analysis

Utpal Das, Ramesh Chandra Das, Kamal Ray
Copyright: © 2016 |Pages: 14
ISBN13: 9781522502159|ISBN10: 1522502157|EISBN13: 9781522502166
DOI: 10.4018/978-1-5225-0215-9.ch008
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MLA

Das, Utpal, et al. "Convergence and Equality of Road Infrastructure: A Cross Country Analysis." Handbook of Research on Global Indicators of Economic and Political Convergence, edited by Ramesh Chandra Das, IGI Global, 2016, pp. 170-183. https://doi.org/10.4018/978-1-5225-0215-9.ch008

APA

Das, U., Das, R. C., & Ray, K. (2016). Convergence and Equality of Road Infrastructure: A Cross Country Analysis. In R. Das (Ed.), Handbook of Research on Global Indicators of Economic and Political Convergence (pp. 170-183). IGI Global. https://doi.org/10.4018/978-1-5225-0215-9.ch008

Chicago

Das, Utpal, Ramesh Chandra Das, and Kamal Ray. "Convergence and Equality of Road Infrastructure: A Cross Country Analysis." In Handbook of Research on Global Indicators of Economic and Political Convergence, edited by Ramesh Chandra Das, 170-183. Hershey, PA: IGI Global, 2016. https://doi.org/10.4018/978-1-5225-0215-9.ch008

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Abstract

The development of road infrastructure works as one of the most important inputs of production and overall economic activities all around the global economics. The developed countries of the west hold the larger road lengths in both gross and per capita terms compared to the less developed and emerging countries. But it is also undeniable that the less developed emerging countries have been growing fast in this respect or rushing to catch with the developed countries. The present chapter, hence, tries to study the modes of growth and convergence of GDP per kilometer of road length across the 30 selected countries for the period of 1990-2011 by means of ? convergence and also try to estimate the cross country inequalities by means of Gini Coefficients. It observes a sign of ? convergence and the inequality are going down over time, although there are some signs of divergences in some of the short time spans.

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