On the Road to Economic Prosperity: The Role of Infrastructure in Ghana Luong Tuan Anh
On the Road to Economic Prosperity: The Role of Infrastructure in Ghana Luong Tuan Anh This Element investigates how the Ghanaian household wealth index is impacted by travel time reduction, which is…
Specifikacia On the Road to Economic Prosperity: The Role of Infrastructure in Ghana Luong Tuan Anh
On the Road to Economic Prosperity: The Role of Infrastructure in Ghana Luong Tuan Anh
This Element investigates how the Ghanaian household wealth index is impacted by travel time reduction, which is a direct effect of infrastructural investments from 2000 to 2016. The Element employs two datasets, the Demographic and Health Survey (DHS) and the DHS Covariates. The wealth index is constructed based on the possession of selected assets and reflects the well-being of residents in Ghana.
The Element finds that a ten percent reduction in travel time from 2000 to 2015 would result in a 1.2 percent increase in the wealth index from 2003 to 2016. The two-stage least square estimation is implemented to establish the causal relationship. This finding is robust to various settings, including the addition of more control variables, the use of different instrumental variables, and the study of both short-term and long-term effects.
The analysis lends support to the
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