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      Infrastructure and Finance: Evidence from India's GQ Highway Network
      29 Jun 2019Working Paper Summaries

      Infrastructure and Finance: Evidence from India's GQ Highway Network

      by Abhiman Das, Ejaz Ghani, Arti Grover, William R. Kerr, and Ramana Nanda
      In India, the Golden Quadrilateral highway network connects four major cities. This study of the relationship between the infrastructure project and development of the local financial sector finds that, in districts along and near the GQ, initial levels of financial development shaped how, and where, infrastructure investment could jumpstart real economic activity.
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      Author Abstract

      In India, the Golden Quadrilateral highway network connects four major cities. This study of the relationship between the infrastructure project and development of the local financial sector finds that, in districts along and near the GQ, initial levels of financial development shaped how, and where, infrastructure investment could jumpstart real economic activity.

      Paper Information

      • Full Working Paper Text
      • Working Paper Publication Date: June 2019
      • HBS Working Paper Number: HBS Working Paper #19-121
      • Faculty Unit(s): Entrepreneurial Management
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      William R. Kerr
      William R. Kerr
      Dimitri V. D'Arbeloff - MBA Class of 1955 Professor of Business Administration
      Unit Head, Entrepreneurial Management
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      Ramana Nanda
      Ramana Nanda
      Sarofim-Rock Professor of Business Administration (Leave of Absence)
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