Cash Tasleem Araf and Antahal, Prakash
Physical infrastructure and economic development in the erstwhile state of Jammu and Kashmir - Artha Vijnana - 64(4), Dec, 2022: p.339-360
This study explores the dynamic relationship between physical infrastructure development and economic growth in the erstwhile state of Jammu and Kashmir. The authors analyze annual data spanning from 1985-1986 to 2017-2018 to investigate the carousel relationship between infrastructure development and economic development within the region. The study aims to provide insights into the impact of infrastructure investments on the overall economic progress of Jammu and Kashmir.
Infrastructure development plays a crucial role in facilitating economic activities and fostering growth. The authors employ a comprehensive framework that incorporates various infrastructure indicators, such as transportation, energy, telecommunications, and social infrastructure, to capture the multidimensional nature of physical infrastructure. Additionally, key economic indicators, including gross domestic product (GDP), employment rates, and poverty levels, are considered to assess the overall economic development of the region.
Through the utilization of econometric techniques, such as panel data analysis and time series modeling, the authors establish the causal relationship between infrastructure development and economic growth in Jammu and Kashmir. The findings highlight the importance of infrastructure investments in promoting economic development within the region. Robust empirical evidence is provided to demonstrate the positive impact of infrastructure development on GDP growth, employment generation, and poverty reduction.
Furthermore, the study considers the temporal dynamics of this relationship, taking into account the lagged effects of infrastructure investments on economic outcomes. By examining the data over a substantial time period, the authors capture both short-term and long-term effects of infrastructure development on the economy of Jammu and Kashmir.
The results of this study have significant policy implications for the erstwhile state of Jammu and Kashmir. The findings suggest that sustained investments in physical infrastructure are crucial for fostering economic growth, reducing poverty, and improving overall socio-economic conditions within the region. Policymakers can utilize these insights to formulate strategies and allocate resources effectively to address the infrastructure deficit and promote inclusive development.
Overall, this study contributes to the existing literature on the relationship between infrastructure development and economic growth, specifically in the context of the erstwhile state of Jammu and Kashmir. The empirical evidence provided establishes a strong linkage between infrastructure investments and economic development, emphasizing the need for targeted policies and investments in physical infrastructure to unlock the growth potential of the region.. – Reproduced
Physical infrastructure, Economic development, Jammu and Kashmir
Physical infrastructure and economic development in the erstwhile state of Jammu and Kashmir - Artha Vijnana - 64(4), Dec, 2022: p.339-360
This study explores the dynamic relationship between physical infrastructure development and economic growth in the erstwhile state of Jammu and Kashmir. The authors analyze annual data spanning from 1985-1986 to 2017-2018 to investigate the carousel relationship between infrastructure development and economic development within the region. The study aims to provide insights into the impact of infrastructure investments on the overall economic progress of Jammu and Kashmir.
Infrastructure development plays a crucial role in facilitating economic activities and fostering growth. The authors employ a comprehensive framework that incorporates various infrastructure indicators, such as transportation, energy, telecommunications, and social infrastructure, to capture the multidimensional nature of physical infrastructure. Additionally, key economic indicators, including gross domestic product (GDP), employment rates, and poverty levels, are considered to assess the overall economic development of the region.
Through the utilization of econometric techniques, such as panel data analysis and time series modeling, the authors establish the causal relationship between infrastructure development and economic growth in Jammu and Kashmir. The findings highlight the importance of infrastructure investments in promoting economic development within the region. Robust empirical evidence is provided to demonstrate the positive impact of infrastructure development on GDP growth, employment generation, and poverty reduction.
Furthermore, the study considers the temporal dynamics of this relationship, taking into account the lagged effects of infrastructure investments on economic outcomes. By examining the data over a substantial time period, the authors capture both short-term and long-term effects of infrastructure development on the economy of Jammu and Kashmir.
The results of this study have significant policy implications for the erstwhile state of Jammu and Kashmir. The findings suggest that sustained investments in physical infrastructure are crucial for fostering economic growth, reducing poverty, and improving overall socio-economic conditions within the region. Policymakers can utilize these insights to formulate strategies and allocate resources effectively to address the infrastructure deficit and promote inclusive development.
Overall, this study contributes to the existing literature on the relationship between infrastructure development and economic growth, specifically in the context of the erstwhile state of Jammu and Kashmir. The empirical evidence provided establishes a strong linkage between infrastructure investments and economic development, emphasizing the need for targeted policies and investments in physical infrastructure to unlock the growth potential of the region.. – Reproduced
Physical infrastructure, Economic development, Jammu and Kashmir