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2022 | OriginalPaper | Buchkapitel

Infrastructure Development and Sectoral Growth Nexus: Evidence from Sub-Saharan Africa

verfasst von : Dennis Boahene Osei, Isaac Bentum-Ennin

Erschienen in: The Palgrave Handbook of Africa’s Economic Sectors

Verlag: Springer International Publishing

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Abstract

Building on recent empirical evidence which mainly focused on infrastructure–aggregate growth nexus, this chapter examines the relationship between infrastructure development and sectoral growth in 29 Sub-Saharan Africa (SSA) countries during the 2000–2014 period. Evidence based on system Generalized Method of Moments (GMM) shows positive and significant impact of infrastructure development on both industry and services sectors’ growth. However, no relationship was established between infrastructure development and agriculture sector growth. From the policy perspective, our findings are informative and present crucial insights for policymakers and regulators in SSA to design and implement policies targeted at improving infrastructure to propel growth in the agriculture, industry, and service sectors.

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Fußnoten
2
See Table 5 for the list of countries.
 
3
Refer to Sect. 3.2 for discussion on the computation of the infrastructure development index.
 
4
Finance indicator measuring access was excluded because data points were not available for all countries includedin the study.
 
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Metadaten
Titel
Infrastructure Development and Sectoral Growth Nexus: Evidence from Sub-Saharan Africa
verfasst von
Dennis Boahene Osei
Isaac Bentum-Ennin
Copyright-Jahr
2022
DOI
https://doi.org/10.1007/978-3-030-75556-0_33