Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy

Sigue Moussa

doi:doi:10.11648/j.ijebo.20200803.13

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Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy

Sigue Moussa

Published in International Journal of Economic Behavior and Organization (Volume 8, Issue 3)

Received: 31 July 2020 Accepted: 17 August 2020 Published: 27 August 2020

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Abstract

This paper assesses the impact of road infrastructure investments on the structural competitiveness of Burkina Faso's economy over the period 1980 to 2015. The methodology adopted presents, on the one hand, the endogenous growth theory as a theoretical reference framework and, on the other hand, exposes the direct and indirect effects of public infrastructure spending on the performance of the economy. After conducting preliminary tests, an Error Correction Model (ECM) and the results reveal that investment in road infrastructure positively and significantly affects the structural competitiveness of the country's economy. However, this impact varies over time. Indeed, the elasticity of structural competitiveness with respect to road investments is 0.06 in the short term and 0.32 in the long term. In view of these results, the economic policy implication that emerges is that an increase in road infrastructure investment is a policy of increasing the structural competitiveness of the country's economy.

Published in	International Journal of Economic Behavior and Organization (Volume 8, Issue 3)
DOI	10.11648/j.ijebo.20200803.13
Page(s)	64-73
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2020. Published by Science Publishing Group

Keywords

Structural Competitiveness, Investment in Public Infrastructure, Burkina Faso

References

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APA Style

Sigue Moussa. (2020). Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy. International Journal of Economic Behavior and Organization, 8(3), 64-73. https://doi.org/10.11648/j.ijebo.20200803.13

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ACS Style

Sigue Moussa. Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy. Int. J. Econ. Behav. Organ. 2020, 8(3), 64-73. doi: 10.11648/j.ijebo.20200803.13

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AMA Style

Sigue Moussa. Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy. Int J Econ Behav Organ. 2020;8(3):64-73. doi: 10.11648/j.ijebo.20200803.13

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@article{10.11648/j.ijebo.20200803.13,
  author = {Sigue Moussa},
  title = {Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy},
  journal = {International Journal of Economic Behavior and Organization},
  volume = {8},
  number = {3},
  pages = {64-73},
  doi = {10.11648/j.ijebo.20200803.13},
  url = {https://doi.org/10.11648/j.ijebo.20200803.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20200803.13},
  abstract = {This paper assesses the impact of road infrastructure investments on the structural competitiveness of Burkina Faso's economy over the period 1980 to 2015. The methodology adopted presents, on the one hand, the endogenous growth theory as a theoretical reference framework and, on the other hand, exposes the direct and indirect effects of public infrastructure spending on the performance of the economy. After conducting preliminary tests, an Error Correction Model (ECM) and the results reveal that investment in road infrastructure positively and significantly affects the structural competitiveness of the country's economy. However, this impact varies over time. Indeed, the elasticity of structural competitiveness with respect to road investments is 0.06 in the short term and 0.32 in the long term. In view of these results, the economic policy implication that emerges is that an increase in road infrastructure investment is a policy of increasing the structural competitiveness of the country's economy.},
 year = {2020}
}

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TY  - JOUR
T1  - Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy
AU  - Sigue Moussa
Y1  - 2020/08/27
PY  - 2020
N1  - https://doi.org/10.11648/j.ijebo.20200803.13
DO  - 10.11648/j.ijebo.20200803.13
T2  - International Journal of Economic Behavior and Organization
JF  - International Journal of Economic Behavior and Organization
JO  - International Journal of Economic Behavior and Organization
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AB  - This paper assesses the impact of road infrastructure investments on the structural competitiveness of Burkina Faso's economy over the period 1980 to 2015. The methodology adopted presents, on the one hand, the endogenous growth theory as a theoretical reference framework and, on the other hand, exposes the direct and indirect effects of public infrastructure spending on the performance of the economy. After conducting preliminary tests, an Error Correction Model (ECM) and the results reveal that investment in road infrastructure positively and significantly affects the structural competitiveness of the country's economy. However, this impact varies over time. Indeed, the elasticity of structural competitiveness with respect to road investments is 0.06 in the short term and 0.32 in the long term. In view of these results, the economic policy implication that emerges is that an increase in road infrastructure investment is a policy of increasing the structural competitiveness of the country's economy.
VL  - 8
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ER  -

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Author Information

Sigue Moussa

Department of Economics and Management, University Ouaga II, Ouagadougou, Burkina Faso

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APA Style

Sigue Moussa. (2020). Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy. International Journal of Economic Behavior and Organization, 8(3), 64-73. https://doi.org/10.11648/j.ijebo.20200803.13

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ACS Style

Sigue Moussa. Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy. Int. J. Econ. Behav. Organ. 2020, 8(3), 64-73. doi: 10.11648/j.ijebo.20200803.13

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AMA Style

Sigue Moussa. Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy. Int J Econ Behav Organ. 2020;8(3):64-73. doi: 10.11648/j.ijebo.20200803.13

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@article{10.11648/j.ijebo.20200803.13,
  author = {Sigue Moussa},
  title = {Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy},
  journal = {International Journal of Economic Behavior and Organization},
  volume = {8},
  number = {3},
  pages = {64-73},
  doi = {10.11648/j.ijebo.20200803.13},
  url = {https://doi.org/10.11648/j.ijebo.20200803.13},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20200803.13},
  abstract = {This paper assesses the impact of road infrastructure investments on the structural competitiveness of Burkina Faso's economy over the period 1980 to 2015. The methodology adopted presents, on the one hand, the endogenous growth theory as a theoretical reference framework and, on the other hand, exposes the direct and indirect effects of public infrastructure spending on the performance of the economy. After conducting preliminary tests, an Error Correction Model (ECM) and the results reveal that investment in road infrastructure positively and significantly affects the structural competitiveness of the country's economy. However, this impact varies over time. Indeed, the elasticity of structural competitiveness with respect to road investments is 0.06 in the short term and 0.32 in the long term. In view of these results, the economic policy implication that emerges is that an increase in road infrastructure investment is a policy of increasing the structural competitiveness of the country's economy.},
 year = {2020}
}

Copy | Download

TY  - JOUR
T1  - Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy
AU  - Sigue Moussa
Y1  - 2020/08/27
PY  - 2020
N1  - https://doi.org/10.11648/j.ijebo.20200803.13
DO  - 10.11648/j.ijebo.20200803.13
T2  - International Journal of Economic Behavior and Organization
JF  - International Journal of Economic Behavior and Organization
JO  - International Journal of Economic Behavior and Organization
SP  - 64
EP  - 73
PB  - Science Publishing Group
SN  - 2328-7616
UR  - https://doi.org/10.11648/j.ijebo.20200803.13
AB  - This paper assesses the impact of road infrastructure investments on the structural competitiveness of Burkina Faso's economy over the period 1980 to 2015. The methodology adopted presents, on the one hand, the endogenous growth theory as a theoretical reference framework and, on the other hand, exposes the direct and indirect effects of public infrastructure spending on the performance of the economy. After conducting preliminary tests, an Error Correction Model (ECM) and the results reveal that investment in road infrastructure positively and significantly affects the structural competitiveness of the country's economy. However, this impact varies over time. Indeed, the elasticity of structural competitiveness with respect to road investments is 0.06 in the short term and 0.32 in the long term. In view of these results, the economic policy implication that emerges is that an increase in road infrastructure investment is a policy of increasing the structural competitiveness of the country's economy.
VL  - 8
IS  - 3
ER  -

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