This paper analyses spillover effects of aggregate infrastructure stock and quality in Sub Saharan Africa (SSA). Using a panel vector autoregressive (VAR) approach that does the estimations in a generalised method of moments (GMM) framework, we found positive spillover effects from foreign aggregate infrastructure quality. Although infrastructure quality enhancement invigorates the surrounding regions, we argue that infrastructure stock development provides a competitive advantage that draws economic factors from the surrounding regions and exerts negative pressure on their respective economic activity. Domestic aggregate infrastructure quality (stock) shows positive (negative) growth effects.

References are not ready for this file yet, please refer to reference from the PDF file

Keywords

Aggregate Infrastructure; Spillover; Panel VAR; Africa.