Growth and infrastructure investment in india: Achievements, challenges, and opportunities

Mishra, A K and Narendra, K and Kar, B P (2013) Growth and infrastructure investment in india: Achievements, challenges, and opportunities. Economic Annals, 58 (196). pp. 51-70.

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Abstract

The paper analyses the recent scenario of infrastructure investment in India, with the recognition that inadequate infrastructure is one of the major constraints on India's ability to sustain high GDP growth. It conducts an overview of the trends in infrastructure investment from the 10th Five Year Plan onwards, and tries to examine the linkage between infrastructure and economic growth. The results exhibit a very high rate of return and also highlight that, since resource constraints will continue to limit public investment in infrastructure in other areas, Public Private Partnership (PPP) project-based development needs to be encouraged wherever feasible.

ISB Creators:
ISB CreatorsORCiD
Kar, B PUNSPECIFIED
Item Type: Article
Additional Information: Cobb-Douglas Production function and Principal Component Analysis (PCA); Economic growth; Infrastructure; Public Private Partnership
Subjects: Business and Management
Depositing User: Users 13 not found.
Date Deposited: 16 Nov 2014 10:52
Last Modified: 17 Nov 2014 05:10
URI: http://eprints.exchange.isb.edu/id/eprint/282
Publisher URL: http://dx.doi.org/10.2298/EKA1396051M
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