Nexus Between Infrastructure Investments and Development: Case of Sri Lanka

This paper compares the pattern of change in physical infrastructure investments in Sri Lanka to that of countries, which in 1965 had similar economic growth potentials. A modified Quasi Experimental Method is used to identify such countries. Theoretically this paper highlights the importance of physical infrastructure investments for sustained economic development. It concludes that in spite of the on-going political conflict, if Sri Lanka had strategically invested in its physical infrastructure, it could have attained higher levels of economic development. It also illustrates some weakness in the orthodox view, which contends that social capital may substitute for physical infrastructure.

• Corporate Authors:

  Transportation Research Board

  500 Fifth Street, NW
  Washington, DC  United States  20001
• Authors:
  • Gunasekera, Kumudu
• Conference:
  • Transportation Research Board 87th Annual Meeting
  • Location: Washington DC, United States
  • Date: 2008-1-13 to 2008-1-17
• Date: 2008

Language

• English

Media Info

• Media Type: DVD
• Features: Figures; References; Tables;
• Pagination: 13p
• Monograph Title: TRB 87th Annual Meeting Compendium of Papers DVD

Subject/Index Terms

• TRT Terms: City planning; Economic forecasting; Economic growth; Infrastructure; International; Investments; Mathematical models; Social factors; Socioeconomic factors
• Uncontrolled Terms: Social capital
• Geographic Terms: Sri Lanka
• Subject Areas: Administration and Management; Economics; Highways; Planning and Forecasting; Society; I10: Economics and Administration; I72: Traffic and Transport Planning;

Filing Info

• Accession Number: 01089236
• Record Type: Publication
• Report/Paper Numbers: 08-1347
• Files: TRIS, TRB
• Created Date: Feb 27 2008 8:58AM