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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

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Table 9 Variables and data sources of Global Infrastructure Index

From: Does infrastructure increase exports and reduce trade deficit? Evidence from selected South Asian countries using a new Global Infrastructure Index

S. no.VariablesNormalization of the variablesData source
01Transport infrastructure
(A) Land transport
(i) Length of total road network
(ii) Paved road
(iii) Proportion of motorways
(iv) Registered passenger cars
Population densityInternational Road Federation (IRF) World Road Statistic and World Development Indicators (WDI)
(v) No. of registered commercial-vehiclesPopulation density of PakistanFacts and figures of (VDA) German Association (GAAI) of the Automotive Industry
(vi) Length of total railway routePopulation density of PakistanWDI
(vii) Goods-transportedArea
(viii) Railway passengersPopulation size
(B) C transport
Overall carrying capacity of economy ships
(i) Relative to its geographic area
(ii) % of aggregate world-carrying capacity
 (UNCTAD) United Nations Conference of Trade and Development Data Base
(C) Air transport
(i) Carrier departure registered in Pakistan
Relative to populationWDI
(ii) Volume of air-freightRelative to country size
2Telecommunication infrastructure
(i) No. of fixed-telephone lines
(ii) Mobile-cellular-telephone subscribers
(iii) No. of ISDN subscribers
For quality measures
(a) Faults per 100 fixed-telephones lines in 1 year (expressed in per capita terms)
 WDI
3Energy infrastructure
(i) Consumption of electric power
(ii) Production of electric power
Note: both undermentioned indicators are measure in per capita terms
For quality measures:
(a) Electric-power transmission and distribution losses (% of output)
 WDI
4Financial infrastructure
(i) Stock market turn-over ratio [efficiency]
(ii) No. of “Bank Account” per capita
(iii) Values of overall “traded share” outside the major “10 traded companies” as a shares of the aggregate value of overall traded share
(iv) No. of public recorded “companies per capita”
(v) “Private credit” by deposit money, banks “Relative-GDP”
(vi) Values of aggregate shares traded on the “Stock Market” exchange (relative to gross domestic product)
(vii) Money (M2) and quasi-money percentage of GDP
Note: all these selected indicators or employed in log form excluding no. of bank account and no. of public listed companies
 World Bank Global Financial Development Data Base