THE IMPACT OF INVESTMENT IN TRANSPORT INFRASTRUCTURE ON OUTPUT: NEW APPROACH: META-ANALYSIS
Keywords:
Transportation, Output; Meta-analysis, Meta Regression, InvestmentAbstract
Investment in transportation infrastructure is one of the important factors for economic growth in any country, whether developed or developing. Hence, this study seeks to know the correlation between investment in transportation infrastructure and output by applying data from 27 countries during the period from 1990 to 2019. This study is one of the first studies to apply meta-analysis in economics. The results using meta-analysis showed that investment in transportation infrastructure has a limited impact on output. This may be due to the weak direct contribution of the sector, with the inability to measure indirect effects using quantitative methods, which gives a misleading indication about the importance of investment in the sector
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