Road Infrastructure and Economic Growth in Benin Republic
Journal Title: Scholars Bulletin - Year 2018, Vol 4, Issue 7
Abstract
Abstract:The paper investigates the impact of the contribution of road infrastructure expenditure on economic growth of Benin Republic using Jarque-Berra, White test, Breusch-Godfrey, Cusum and Cusum of squares techniques for the period (1985-2015). Overall the results reveal that gross domestic product, gross capital formation, labor productivity and road infrastructure expenditure play an important role in economic growth in the Benin Republic. More importantly, the study finds that road infrastructure expenditure in the Benin Republic has a significant positive contribution to economic growth in the long run than the short run. It is the same result with the gross capital formation. The labor production has a significant positive contribution to economic growth in long run. On the basis of these results analysis, it is strongly suggested to formulate certain recommendations in the field of economic policy that improves the road infrastructure expenditure as well as gross capital formation for sustainable economic growth in the Benin Republic. A new model has been proposed to the General Directorate of Public Works in effectively monitoring the level of road infrastructure expenditure in terms of growth and poverty reduction objectives Keywords: road infrastructure, gross domestic product, private investment, labor productivity, economic growth, Benin republic.
Authors and Affiliations
Mouhamed Bayane Bouraima, Chabi Marcellin Daki Dominique
Keywords
Related Articles
- EP ID EP397537
- DOI -
- Views 181
- Downloads 0
Influence of Business Risks on Credit Access by Small Business Producer Groups in Trans Nzoia County, Kenya
Abstract:This study general objective was to examine the influence of business risks in accessing of credit by small business producer group in Trans Nzoia County. The study specifically aimed at investigating the effect...
Spark ignition engine performance fueled with hydrogen enriched liquifiedpetruluom gas (LPG)
Abstract:This paper studies the performance of single cylinder, 4-stroke, variable compression ratio, spark timing, and equivalence ratio, spark ignition Ricardo E6 engine, fuelled with supplemented hydrogen to LPG. The...
Factors Influencing Youth Listener’s Motivation for FM Radio Shows in Nairobi Kenya
Abstract:The purpose of this study was to explore the motivations of the youth FM listeners for the preferred contents. This study serves as a guide and a source of information to radio stations broadcasting for young pe...
The Research and Application of Spectrum Inversion in Thin Layer
Abstract:Spectrum inversion is a kind of a priori information and spectral decomposition technique is used to speed up less than tuning thickness of thin layer imaging seismic processing technology. This paper discusses...
Stratal Slicing and Coherence Technique for Describing Sand Body
Abstract: In the middle-late stage of reservoir development, in order to sovle the problem of describing sand body boundary between wells, river channel’s combination is diversity, difficult to describe the variation san...