What is Road Infrastructure

The development of road infrastructure works as one of the most important inputs of production and overall economic activities all around the global economics. The developed countries of the west hold the larger road lengths in both gross and per capita terms compared to the less developed and emerging countries. But it is also undeniable that the less developed emerging countries have been growing fast in this respect or rushing to catch with the developed countries. The present chapter, hence, tries to study the modes of growth and convergence of GDP per kilometer of road length across the 30 selected countries for the period of 1990-2011 by means of ? convergence and also try to estimate the cross country inequalities by means of Gini Coefficients. It observes a sign of ? convergence and the inequality are going down over time, although there are some signs of divergences in some of the short time spans.