Abstract

http://ssrn.com/abstract=522056
 
 

References (38)



 
 

Citations (7)



 


 



Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation


Cesar A. Calderon


Central Bank of Chile

Alberto Chong


University of Ottawa


Review of Income and Wealth, Vol. 50, No. 1, pp. 87-106, March 2004

Abstract:     
We provide evidence on the link between infrastructure development and the distribution of income for the period 1960-97. We use roads, railways, telecommunications, and energy measures. The approach is comprehensive as individual measures and composite indices are used. Cross-country and panel regressions are applied. In the latter, we apply GMM dynamic methods to minimize for endogeneity problems. We find that both quantity and quality of infrastructure are negatively linked with income inequality. The quantitative link tends to be stronger in developing countries than the qualitative link. These findings hold when using different econometric methods and most infrastructure measures.

Number of Pages in PDF File: 20

Accepted Paper Series


Date posted: May 4, 2004  

Suggested Citation

Calderon, Cesar A. and Chong, Alberto, Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation. Review of Income and Wealth, Vol. 50, No. 1, pp. 87-106, March 2004. Available at SSRN: http://ssrn.com/abstract=522056

Contact Information

Cesar A. Calderon
Central Bank of Chile ( email )
Agustinas 1180
Santiago
Chile
Alberto Chong (Contact Author)
University of Ottawa ( email )
2292 Edwin Crescent
Ottawa, Ontario K2C 1H7
Canada
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References:  38
Citations:  7

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