Infrastructure and Income Distribution in ASEAN-5: What are the Links?
20 Pages Posted: 7 Mar 2013
Date Written: February 2013
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.
Keywords: ASEAN-5, Association of Southeast Asian Nations, Cross country analysis, GINI, Inclusive Growth, Income Distribution, Income distribution, Indonesia, Infrastructure, Investment, Malaysia, Philippines, Thailand, Vietnam, dependent variable, fixed capital formation, fixed investment, gini, gini coefficient, gini index, global competitiveness, global shocks, inadequate infrastructure, inclusive growth, income distribution, income equality, labor market, per capita income, trade routes
JEL Classification: H54, E22, O53
Suggested Citation: Suggested Citation