INFRASTRUCTURE, LONG‐RUN ECONOMIC GROWTH AND CAUSALITY TESTS FOR COINTEGRATED PANELS
Abstract
We investigate the consequences of various types of infrastructure provision in a panel of countries from 1950 to 1992. We develop new tests which enable us to isolate the sign and direction of long‐run effects in a manner that is robust to the presence of unknown heterogeneous short‐run causal relationships. We show that while infrastructure does tend to cause long‐run economic growth, there is substantial variation across countries. We also provide evidence that each infrastructure type is provided at close to the growth‐maximizing level on average globally, but is under‐supplied in some countries and over‐supplied in others.
Integrity signals
Registry
Cites
Statistics
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
Saving and investment can promote growth if they flow into infrastructure, basic and applied research, and institutional improvements.
“Saving and investment can also promote growth if they flow into infrastructure (Barro 1990, Canning & Pedroni 2008),basic and applied research ( Jones & Williams 1998, Prettner & Werner 2016, Huang et al. 2023), and institutional improvements (Acemoglu & Robinson 2010).”
From Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences (2024) · cites this paper as Canning & Pedroni 2008
Cited by
Sorted by citations
Acheampong, A. O., Dzator, J., Dzator, M., & Salim, R. (2022) · Technological Forecasting and Social Change · doi:10.1016/j.techfore.2022.121843 · Cited by 217 · see citing works
Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences
Bloom, D. E., Kuhn, M., & Prettner, K. (2024) · Annual Review of Economics · doi:10.1146/annurev-economics-081523-013750 · Cited by 42 · see citing works
Fertility in High-Income Countries: Trends, Patterns, Determinants, and Consequences
Bloom, D. E., Kuhn, M., & Prettner, K. (2023) · doi:10.2139/ssrn.4597716 · Cited by 9 · see citing works
The joint impact of infrastructure and institutions on economic growth
Zergawu, Y. Z., Walle, Y. M., & Giménez-Gómez, J.-M. (2020) · Journal of Institutional Economics · doi:10.1017/s1744137420000016 · Cited by 5 · see citing works
- Authors
- CANNING, D., & PEDRONI, P.
- Affiliations
- Harvard University (US)
- Williams College (US)
- Venue
- The Manchester School
- Publisher
- Wiley
- Published
- 2008-08-18
- Volume
- 76
- Issue
- 5
- Pages
- 504-527
- ISSN
- 0025-2034 (ISSN-L)
- 1463-6786
- 1467-9957
- OpenAlex
- W1989431699
- Cited by
- 421
- References
- 0
- Citations by year
- 2026: 6 · 2025: 17 · 2024: 16 · 2023: 23 · 2022: 22 · 2021: 29 · 2020: 35 · 2019: 30 · 2018: 30 · 2017: 32 · 2016: 30 · 2015: 34 · 2014: 31 · 2013: 30 · 2012: 18
- FWCI
- 29.28
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- Manchester School (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Fiscal Policy and Economic Growth
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
- Keywords
- infrastructure provision, long-run economic growth, causality testing, cross-national comparison
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
