Infrastructure and Economic Growth in the Middle East and North Africa

This paper analyzes the impact of infrastructure on growth of total factor productivity and per capita income, using both growth accounting techniques and cross-country growth regressions. The two econometric techniques yield some consistent and some different results. Regressions based in the growth accounting framework suggest that electricity production helps explain cross-country differences in total factor productivity growth in the Middle East and North Africa region. Growth regressions support that conclusion, while also stressing an effect of telecommunications infrastructure. Finally, growth regressions also indicate quite consistently that the returns to infrastructure have been lower in the Middle East and North Africa region than in developing countries as a whole.

Bibliographic Details

Main Authors:	Um, Paul Noumba, Straub, Stephane, Vellutini, Charles
Format:	Policy Research Working Paper biblioteca
Language:	English
Published:	2009-10-01
Subjects:	AGGREGATE OUTPUT, AGGREGATE PRODUCTION FUNCTION, APPROACH, AVAILABILITY, AVERAGE GROWTH, AVERAGE GROWTH RATE, CAPITAL FORMATION, COUNTRY REGRESSIONS, CROSS COUNTRY, DECREASING RETURNS, DEMAND FOR ELECTRICITY, DEPENDENT VARIABLE, DEVELOPING COUNTRIES, DEVELOPMENT INDICATORS, DISTRIBUTION LOSSES, E-SERVICES, ECONOMIC DEVELOPMENT, ECONOMIC GROWTH, ECONOMIC PERFORMANCE, ECONOMIC REFORMS, ECONOMICS, ELASTICITY, ELECTRIC POWER, ELECTRIC SERVICES, ELECTRIC_POWER, ELECTRICITY, ELECTRICITY CONSUMPTION, ELECTRICITY GENERATION, ELECTRICITY PRODUCTION, ELECTRIFICATION, ENABLING ENVIRONMENTS, END USERS, ENDOGENOUS VARIABLE, ENERGY INFRASTRUCTURE, ERROR TERM, EXPLANATORY VARIABLES, EXTERNALITIES, FIXED EFFECTS, GENERATING CAPACITY, GENERATION, GENERATION CAPACITY, GEOGRAPHICAL AREA, GROWTH ACCOUNTING, GROWTH EFFECT, GROWTH IMPACT, GROWTH RATE, GROWTH RATES, GROWTH REGRESSION, GROWTH REGRESSIONS, HUMAN CAPITAL, ICT, ID, INFRASTRUCTURE ACCESS, INFRASTRUCTURE INVESTMENT, INFRASTRUCTURE POLICIES, INFRASTRUCTURES, INVENTORY, INVESTMENT CLIMATE, KNOWLEDGE SHARING, MANUFACTURING, MANUFACTURING INDUSTRY, MARGINAL EFFECT, MOBILE COMMUNICATION, MOBILE PHONE, MOBILE PHONES, MOBILE TELEPHONY, NATURAL GAS, NEGATIVE SIGN, OIL, OIL PRODUCING, OIL PRODUCING COUNTRIES, OIL RESERVES, OIL RESOURCES, PANEL REGRESSIONS, PC, PER CAPITA GROWTH, PER CAPITA INCOME, PETROLEUM, PHYSICAL INFRASTRUCTURE, POLICY RESEARCH, POLITICAL STABILITY, POPULATION DENSITY, POPULATION GROWTH, POWER, PRIVATE INVESTMENT, PRIVATE SECTOR, PRIVATE SECTOR DEVELOPMENT, PRIVATE SECTOR INVESTMENT, PRIVATE SECTOR PARTICIPATION, PRODUCTION FUNCTION, PUBLIC INFRASTRUCTURE, PUBLIC INVESTMENT, QUALITY OF SERVICES, RAIL, RAIL ROUTE, RAILROADS, RAILWAY, RAILWAY LINES, RAILWAYS, RESULT, RESULTS, ROAD, ROAD NETWORK, ROADS, ROUTE, SANITATION, SENSITIVITY ANALYSIS, SERVICE PROVIDERS, SIGNIFICANT EFFECT, TELECOM, TELECOMMUNICATION, TELECOMMUNICATION DEVELOPMENT, TELECOMMUNICATIONS, TELECOMMUNICATIONS INFRASTRUCTURE, TELEPHONE, TELEPHONE CONNECTION, TELEPHONE LINES, TELEPHONES, TFP, TIME PERIOD, TOTAL FACTOR PRODUCTIVITY, TRANSMISSION, TRANSPORT, TRUE, UNIVERSAL ACCESS, USES, WEB,
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091031151739 http://hdl.handle.net/10986/4296
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