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Infrastructural Development: An Engine of Growth – An Empirical Study in SAARC Countries

Infrastructural Development: An Engine of Growth – An Empirical Study in SAARC Countries

Maniklal Adhikary, Melisha Khatun
Copyright: © 2017 |Pages: 22
ISBN13: 9781522523611|ISBN10: 1522523618|EISBN13: 9781522523628
DOI: 10.4018/978-1-5225-2361-1.ch001
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MLA

Adhikary, Maniklal, and Melisha Khatun. "Infrastructural Development: An Engine of Growth – An Empirical Study in SAARC Countries." Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development, edited by Ramesh Chandra Das, IGI Global, 2017, pp. 1-22. https://doi.org/10.4018/978-1-5225-2361-1.ch001

APA

Adhikary, M. & Khatun, M. (2017). Infrastructural Development: An Engine of Growth – An Empirical Study in SAARC Countries. In R. Das (Ed.), Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development (pp. 1-22). IGI Global. https://doi.org/10.4018/978-1-5225-2361-1.ch001

Chicago

Adhikary, Maniklal, and Melisha Khatun. "Infrastructural Development: An Engine of Growth – An Empirical Study in SAARC Countries." In Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development, edited by Ramesh Chandra Das, 1-22. Hershey, PA: IGI Global, 2017. https://doi.org/10.4018/978-1-5225-2361-1.ch001

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Abstract

Development of infrastructure industries is essential to enhance the growth of a developing country. The present chapter attempts to examine the impact of infrastructure on Gross Domestic Product and Per Capita Gross Domestic Product of six SAARC countries from the period 1990-91 to 2013-14. The model is mis-specified whenever we have used the restricted panel data model. We have derived the results by employing the unrestricted panel data model. Impact of road, internet users and total electricity production on the level of GDP as well as on the level of PCGDP is highest for India among the all SAARC countries. India has also the highest rate of growth of GDP over the entire period. Rate of growth of PCGDP is highest for Sri Lanka followed by India.

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