D evelopment of social and economic infrastructure in every region is of the basic requirements of economic growth. Infrastructure stimulates economic activity, enhance the productivity of private sector’s inputs, improve economic performance and thus sustainable economic development, enhancing the social welfare and better income distribution. Since the different kind of infrastruct...

This paper investigates causal relationships between information and communications technologies (ICT) infrastructure, financial development, and economic growth in Asian countries over the twelve-year period 2001e2012. Using panel cointegration techniques, our empirical results show these variables are cointegrated, with a myriad of short-run and long-run causal links between ICT infrastructur...

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 m...

“Canada is a wealthy country, rich in both human and capital resources. The incomes earned by its people today are among the highest in the world. The current high standing is a legacy from previous generations. Over the decades, huge investments have been made in infrastructure. Communications and transportation systems are, for the most part, vast, modern and efficient, joining together far-f...

Infrastructure is indispensable to achieve the main development targets in developing countries, such as urbanization, industrialization, export promotion, equitable income distribution, and sustainable economic development. Late developing countries can benefit from previous development experience provided they choose the right model. However, the relationship between infrastructure and econom...