Infrastructure and Growth in South Africa

Direct and Indirect Productivity Impacts of 19 Infrastructure Measures

Research output: Contribution to journalArticle

35 Citations (Scopus)

Abstract

Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. This paper, utilizing panel data for South African manufacturing over the 1970-2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure endogeneity in output equations. The paper develops an instrumentation strategy generalizable to other contexts. Controlling for the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only positive, but of economically meaningful magnitudes.

Original languageEnglish (US)
Pages (from-to)1522-1539
Number of pages18
JournalWorld Development
Volume37
Issue number9
DOIs
StatePublished - Sep 1 2009

Fingerprint

productivity
infrastructure
panel data
instrumentation
manufacturing
Africa
Productivity
South Africa
Endogeneity

All Science Journal Classification (ASJC) codes

  • Geography, Planning and Development
  • Development
  • Sociology and Political Science
  • Economics and Econometrics

Cite this

@article{117e36b3dd014a34a24de6ddac1ec392,
title = "Infrastructure and Growth in South Africa: Direct and Indirect Productivity Impacts of 19 Infrastructure Measures",
abstract = "Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. This paper, utilizing panel data for South African manufacturing over the 1970-2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure endogeneity in output equations. The paper develops an instrumentation strategy generalizable to other contexts. Controlling for the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only positive, but of economically meaningful magnitudes.",
author = "Fedderke, {Johannes Wolfgang} and Ž Bogetić",
year = "2009",
month = "9",
day = "1",
doi = "10.1016/j.worlddev.2009.01.008",
language = "English (US)",
volume = "37",
pages = "1522--1539",
journal = "World Development",
issn = "1873-5991",
publisher = "Elsevier BV",
number = "9",

}

Infrastructure and Growth in South Africa : Direct and Indirect Productivity Impacts of 19 Infrastructure Measures. / Fedderke, Johannes Wolfgang; Bogetić, Ž.

In: World Development, Vol. 37, No. 9, 01.09.2009, p. 1522-1539.

Research output: Contribution to journalArticle

TY - JOUR

T1 - Infrastructure and Growth in South Africa

T2 - Direct and Indirect Productivity Impacts of 19 Infrastructure Measures

AU - Fedderke, Johannes Wolfgang

AU - Bogetić, Ž

PY - 2009/9/1

Y1 - 2009/9/1

N2 - Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. This paper, utilizing panel data for South African manufacturing over the 1970-2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure endogeneity in output equations. The paper develops an instrumentation strategy generalizable to other contexts. Controlling for the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only positive, but of economically meaningful magnitudes.

AB - Empirical explorations of the growth and aggregate productivity impacts of infrastructure have been characterized by ambiguous (countervailing signs) results with little robustness. This paper, utilizing panel data for South African manufacturing over the 1970-2000 period, and a range of 19 infrastructure measures, explores the question of infrastructure endogeneity in output equations. The paper develops an instrumentation strategy generalizable to other contexts. Controlling for the possibility of endogeneity in the infrastructure measures renders the impact of infrastructure capital not only positive, but of economically meaningful magnitudes.

UR - http://www.scopus.com/inward/record.url?scp=68049091124&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=68049091124&partnerID=8YFLogxK

U2 - 10.1016/j.worlddev.2009.01.008

DO - 10.1016/j.worlddev.2009.01.008

M3 - Article

VL - 37

SP - 1522

EP - 1539

JO - World Development

JF - World Development

SN - 1873-5991

IS - 9

ER -