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Infrastructure has a determinant role to play in the
production of goods and services. Infrastructure
also enhances the productivity rate at which output
is produced. This dissertation aims at
investigating whether infrastructure contributes to
growth of output and output productivity.
In an attempt to provide evidence of the impact of
infrastructure on economic growth and productivity,
several tests using OLS estimation have been
performed. A panel analysis consisting of
developing countries has been carried out. It can
be noted from the study that infrastructure has an
impact on both growth of output and productivity of
output.
production of goods and services. Infrastructure
also enhances the productivity rate at which output
is produced. This dissertation aims at
investigating whether infrastructure contributes to
growth of output and output productivity.
In an attempt to provide evidence of the impact of
infrastructure on economic growth and productivity,
several tests using OLS estimation have been
performed. A panel analysis consisting of
developing countries has been carried out. It can
be noted from the study that infrastructure has an
impact on both growth of output and productivity of
output.