Uploaded on 2019-07-21 by Ashwin Ajithkumar

According to a study by D. A. Aschauer, there is a positive and statistically significant correlation between investment in infrastructure and economic performance. Furthermore, the infrastructure investment not only increases the quality of life, but, based on the time series evidence, infrastructure also has positive impact on both labor and multifactor productivity. The multifactor productivity can be defined as the variable in the output function not directly caused by the inputs, private and public capital. Thus, the impact of infrastructure investment on multifactor productivity is important because the higher multifactor productivity implies higher economic output and hence higher growth. The impact of infrastructures such as transportation, water, health, and energy on urban form and architecture hence is a fact. With the beginning of the 21st century, buildings and cities are becoming physical and software systems in addition to collections of material and shapes. Thus , water , electricity , health infra , transportation etc become of utmost importance on both urban and territorial scale