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An Empirical Study on Impact of Infrastructural Development on Social and Economic Growth in Indian States

机译:印度基础设施发展对社会和经济增长影响的实证研究

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The study attempts to draw a relationship between infrastructural development and socio-economic growth in India. It further tries to determine the magnitude of the impact of infrastructural investment on social and economic indicators. The study uses panel regression technique to measure the impact of infrastructural investment on social growth indicator, i.e., state-wise Mortality Rate per Thousand Population (MRPTP) and economic growth indicator, i.e., Per-capita Income (PCI) in Indian States. Panel regression technique helps incorporate both the cross-section and time-series aspects of the dataset. In order to analyze the difference in impact of the explanatory variables on the explained variables across states, the study uses Fixed Effect Dummy Variable Model. The conclusions of the study are that infrastructural investment has a desirable impact on social and economic development and that the impact is different for different states in India. We analyze time series data (annual frequency) ranging from 1987 to 2008. The study reveals that the infrastructural investment significantly explains the variation of social and economic indicators.
机译:该研究试图得出印度基础设施发展与社会经济增长之间的关系。它还试图确定基础设施投资对社会和经济指标的影响程度。该研究使用面板回归技术来衡量基础设施投资对印度各州社会增长指标(即州每千人口死亡率)和经济增长指标(即人均收入)的影响。面板回归技术有助于合并数据集的横截面和时间序列方面。为了分析解释变量对跨州解释变量影响的差异,本研究使用固定效应虚拟变量模型。该研究的结论是,基础设施投资对社会和经济发展具有理想的影响,而且印度不同州的影响是不同的。我们分析了从1987年到2008年的时间序列数据(年频率)。研究表明,基础设施投资显着解释了社会和经济指标的变化。

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