Estimating impact of infrastructure on productivity and efficiency of Indian manufacturing

被引:17
作者
Mitra, Arup [2 ]
Sharma, Chandan [3 ]
Veganzones-Varoudakis, Marie-Ange [1 ]
机构
[1] Univ Auvergne, Clermont Univ, CERDI CNRS, F-63000 Clermont Ferrand, France
[2] Univ Delhi Enclave, Inst Econ Growth, Delhi, India
[3] Natl Inst Financial Management, Faridabad, India
关键词
India; manufacturing industry; infrastructure; total factor productivity; technical efficiency; ECONOMIC-DEVELOPMENT; COINTEGRATED PANELS; COUNTRIES; TESTS;
D O I
10.1080/13504851.2011.603687
中图分类号
F [经济];
学科分类号
02 ;
摘要
Drawing on a recent data set of the Indian manufacturing industry for the period 1994-2008, this article shows for eight sectors that core infrastructure matters in determining Total Factor Productivity (TFP) and Technical Efficiency (TE). Results suggest that the impact is rather strong on both measures (elasticity of 0.32 and 0.17, respectively). This finding is of particular importance in the Indian context characterized by infrastructure bottlenecks and strongly supports the view that a lack of infrastructure can hamper growth in developing countries.
引用
收藏
页码:779 / 783
页数:5
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