Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion
Stone, Susan; Strutt, Anna; Hertel, Thomas | August 2010
Abstract
This study attempts to quantify the links between infrastructure investment and poverty reduction using a multi-region general equilibrium model, supplemented with household survey data for the Greater Mekong Subregion (GMS). Infrastructure investment is an important step in economic development, with improvements in transportation infrastructure boosting economic opportunities throughout the region, for example by significantly reducing travel times and costs. In this study, we concentrate on quantifying the effects of some of the key linkages between upgraded infrastructure, economic growth, and poverty reduction. We model the impact of both reducing transport costs and improving trade facilitation in the GMS. Our findings suggest strong gains to the GMS countries as a result of infrastructure development and trade facilitation with national poverty reduced throughout the region. However, the impact on various segments of these populations differs, depending in part on factor returns.
Citation
Stone, Susan; Strutt, Anna; Hertel, Thomas. 2010. Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion. © Asian Development Bank. http://hdl.handle.net/11540/3822. License: CC BY 3.0 IGO.Keywords
Development
Development Issues
Development Policies
Infrastructure Development
Transport Planners
Road Transportation Systems
Development projects
Strategic planning
Transport projects
Automobile industry
Parking facilities
Urban traffic
Infrastructure
City planning
Urban impact analysis
Local transit
Automobile parking
Automobiles
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http://hdl.handle.net/11540/3822Metadata
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