Impact of Road Infrastructure Investments on the Structural Competitiveness of the Burkina Faso Economy

Abstract

This article assesses the impact of road infrastructure investments on the structural competitiveness of Burkina Faso's economy. After retaining the period from 1980 to 2015, the estimate of the Model to Error Correction (ECM) revealed that investment in road infrastructure positively and significantly affects the structural competitiveness of the economy. However, this incidence varies over time. In fact, the elasticity of structural competitiveness compared to road investments is 0.06 in the short term and 0.32 in the long term. In view of these results, it appears that the implication of economic policy that emerges is that an increase in investment in road infrastructure is a policy of gaining structural competitiveness of the country's economy.