Constraints on Pakistan's Industrial Development: A Test of the Infrastructural Bottleneck Hypothesis
Looney, Robert E.
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This paper examines the infrastructural investment bottleneck hypothesis for Pakistan: have shortages in infrastructure investment constrained manufacturing output in Pakistan, as recently suggested by the World Bank? Using Granger causality techniques, we find evidence that the hypothesis does hold true for Pakistan, although the general pattern between public sector investment and manufacturing output is one of little coordination between the two sectors.
Refereed Journal Article
RightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
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