Infrastructure and Economic Growth in South Asian Countries

Authors

  • Dr. Hafiz Abdur Rashid Assistant Professor, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan. Author
  • Anam Fazal Hailey College of Commerce, University of the Punjab, Lahore, Pakistan. Author
  • Yasir Javaid ACCA_UK Author
  • Dr. Noreena Kausar Assistant Professor, Department of Psychology, University of Gujrat, Gujrat, Pakistan. Author

Keywords:

Infrastructure, Economic Growth, Fixed Effects Model, Random Effects Model

Abstract

Infrastructure is one of the important determinants of economic growth which have significant part in the development of an economy. This paper evaluates the relationship between infrastructure and economic growth in South Asian countries for the time period of 19 years from 2001 to 2019. Using fixed effects and random effects model, we report that there is a direct relationship between infrastructure and economic growth in South Asian countries. Our findings suggest that South Asian countries should direct their investments towards infrastructure projects to enhance their growth.

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Published

2021-06-30

Issue

Vol. 7 No. 1 (2021)

Section

Articles