Show simple item record

dc.contributor.authorLooney, R.E.
dc.date1997
dc.date.accessioned2014-04-16T18:25:30Z
dc.date.available2014-04-16T18:25:30Z
dc.date.issued1997
dc.identifier.citationLooney, R.E., "Infrastructure and Private Sector Investment in Pakistan," Journal of Asian Economics, vol. 8, no. 3, 1997.en_US
dc.identifier.urihttp://hdl.handle.net/10945/40548
dc.descriptionJournal of Asian Economics, vol. 8, no. 3, 1997.en_US
dc.descriptionRefereed Journal Articleen_US
dc.description.abstractThe purpose of this paper is to assess the role played by infrastructure in Pakistan's economic expansion. Specifically, analysis is focused on the manner in which the expansion in various types of infrastructural facilities interact with private sector investment, and whether there is a long run equilibrium between infrastructure, private investment, and GDP. The main findings suggest that infrastructure's role in this model is not as straightforward as might appear at first. On one level, it appears that in the case of Pakistan the expansion of public infrastructure has played a rather passive role in the country's development. That is public facilities have largely expanded in response to the needs created by private sector investment in manufacturing, rather than strongly initiating private capital formation. However, from another perspective, because infrastructure has responded to tangible needs created by private sector expansion it has, no doubt, been very effective in alleviating real bottlenecks.en_US
dc.rightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. As such, it is in the public domain, and under the provisions of Title 17, United States Code, Section 105, may not be copyrighted.en_US
dc.titleInfrastructure and Private Sector Investment in Pakistanen_US
dc.typeArticleen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record