Infrastructure Development (Physical), Economic Growth and Policy Choices: A Cross- Country Analysis

The following study inspects the influence of the physical infrastructure on economic growth of Asian countries.The countries in the studies are under-develop and have same geographical area. Countries from where data isselected for examination are Pakistan, China, India, Bangladesh, Iran and Sri Lanka. The data of last 50 yearshave been regressed from1970 to 2019 of Pakistan, China, India, Bangladesh, Iran and Sri Lanka. The findingsexplain that there is substantial relationship between infrastructure development and economic growth;infrastructure reflects physical. Energy consumption (oil) other variables proved positively significantrelationship with economic growth. Policy has been recommended for economic growth and approach to valuethe variables according to needs and financial constraints and then prioritize the sectors in which governmentshould invest.