Constraints on Pakistan's Industrial Development: A Test of the Infrastructural Bottleneck Hypothesis
Abstract
This paper examines the infrastructural investment bottleneck hypothesis for Pakistan: have shortages in infrastructure investment constrained manufacturing output in Pakistan, as recently suggested by the World Bank? Using Granger causality techniques, we find evidence that the hypothesis does hold true for Pakistan, although the general pattern between public sector investment and manufacturing output is one of little coordination between the two sectors.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 1995
- Accession Number
- ADA528525
Entities
People
- P. C. Frederiksen
- Robert E. Looney
Organizations
- Naval Postgraduate School