Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/97635 
Year of Publication: 
2014
Series/Report no.: 
Kiel Working Paper No. 1929
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to cover the largest possible number of developing and developed countries over the period 1990-2010. We map major findings from the new indices on infrastructure and provide country rankings, which we also compare with subjective assessments of infrastructure in the World Economic Forum's Global Competitiveness Report. Finally, we exemplify possible applications related to trade and FDI. By overcoming several data limitations, our new global index can help assess the links between infrastructure and economic development more systematically.
Subjects: 
infrastructure
transport
ICT
energy
finance
unobserved components method
trade
FDI
JEL: 
O18
C43
C82
F14
F21
Document Type: 
Working Paper

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