This paper uses the construction of India's Golden Quadrangle central highway network, together with comprehensive loan data from the Reserve Bank of India, to investigate the interaction between infrastructure development and financial sector depth. The paper identifies a disproportionate increase in loan count and average loan size in districts along the Golden Quadrangle highway network, using stringent specifications with industry and district...
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INFORMATION
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2019/06/13
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Document de travail de recherche sur les politiques
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WPS8885
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1
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1
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2019/06/13
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Disclosed
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Infrastructure and Finance: Evidence from India's GQ Highway Network
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trade and investment
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