Average rating: | Rated 4 of 5. |
Level of importance: | Rated 5 of 5. |
Level of validity: | Rated 3 of 5. |
Level of completeness: | Rated 4 of 5. |
Level of comprehensibility: | Rated 4 of 5. |
Competing interests: | None |
This paper presents a well-developed structural model of infrastructure and output growth that considers important institutional and economic factors. The use of cross-country estimates provides a useful perspective on the contribution of infrastructure services to GDP, highlighting the potential benefits of investment in infrastructure. The policy implications offered in the paper are also noteworthy, as they suggest avenues for addressing infrastructure inadequacies. However, it would be helpful if the authors provided more detailed explanations of the institutional and economic factors included in the model, as well as the methods used to estimate the model parameters. Additionally, further discussion of the limitations of the model and potential avenues for future research would enhance the paper's overall contribution to the field.