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Journal article
Julian Donaubauer ,
Birgit Meyer ,

A New Global Index of Infrastructure: Construction, Rankings and Applications

  • Abstract

    We construct comprehensive and comparable indices on the most relevant components of economic infrastructure. An unobserved components model is employed to cover the largest possible number of developing and developed countries over the period 1990-2010. We map major findings from the new indices of infrastructure and provide country rankings, which we also compare with subjective assessments of infrastructure in the World Economic Forum’s Global Competitiveness Report. Finally, we exemplify possible applications related to trade and foreign aid. By overcoming several data limitations, our new global index can help assess the links between infrastructure and economic development more systematically.
  • Keywords

    infrastructure, transport, ICT, energy, finance, unobserved components method, trade, aid
  • JEL classification

    O18, C43, C82, F14, F35
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