Description

Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income distribution. It finds that better infrastructure, both quality and quantity, promotes income equality, while the link between investment and income distribution is weak.

Taxonomy

Economic development , Investment

More publications in this series: Working Papers

More publications by: Dulani Seneviratne ; Yan Sun