Infrastructure and Economic Growth
نویسندگان
چکیده
I estimate the effect that growth in countries’ GDP per capita has on rate of infrastructure. In order to extract exogenous variation growth, use international oil price multiplied with shares net-exports as an instrumental variable. My variables estimates show that, for both democracies and autocracies, a significant positive infrastructure growth. This is significantly smaller anocracies—so much so anocracies, no
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ژورنال
عنوان ژورنال: Journal of risk and financial management
سال: 2021
ISSN: ['1911-8074', '1911-8066']
DOI: https://doi.org/10.3390/jrfm14110543