Infrastructure and Income Distribution in ASEAN-5: What are the Links?

20 Pages Posted: 7 Mar 2013

See all articles by Dulani Seneviratne

Dulani Seneviratne

International Monetary Fund (IMF)

Yan Sun

International Monetary Fund (IMF) - Western Hemisphere Department

Date Written: February 2013

Abstract

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

Seneviratne, Dulani and Sun, Yan, Infrastructure and Income Distribution in ASEAN-5: What are the Links? (February 2013). IMF Working Paper No. 13/41. Available at SSRN: https://ssrn.com/abstract=2229650

Dulani Seneviratne (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Yan Sun

International Monetary Fund (IMF) - Western Hemisphere Department ( email )

700 19th Street NW
Washington, DC 20431
United States

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