Evaluating Impacts of Cross-border Trasport Infrastructure in the Greater Mekong Subregion: Three Approaches
Fujimura, Manabu | August 2017
Abstract
This paper presents three approaches to the evaluation of cross-border transport infrastructure in the Greater Mekong Subregion (GMS). First, it estimates benefit-cost ratios for selected segments of economic corridors. The results indicate differing degrees of economic viability among different corridors. Second, it presents a panel data analysis on how economic corridor developments have impacted living standards at subnational level. The results indicate that economic corridors in the GMS as a whole show a positive net economic impact. Third, it presents a gravity model analysis on how economic corridors have affected intra-GMS trade. The results indicate positive effects of the development of economic corridors on intra-GMS trade in intermediate goods, especially for electric machinery. This implies that cross-border transport infrastructure in the GMS has contributed to lower service link costs and facilitated vertical integration across borders in this industry.
Citation
Fujimura, Manabu. 2017. Evaluating Impacts of Cross-border Trasport Infrastructure in the Greater Mekong Subregion: Three Approaches. © Asian Development Bank Institute. http://hdl.handle.net/11540/7416.Keywords
Economic integration
Energy
Import volume
Export volume
Access to markets
Economic agreements
Trade financing
Regional integration
Vehicle
Land transport
Transport economics
Railways
Transport
Transportation
Trade
Trade Facilitation
Trade Potential
Trade Development
Trade Agreements
Regional Trade Integration
Regional Trade
Finance And Trade
Demand For Transport
Road & Highway Transport
Road Transportation Systems
Transport Infrastructure
Infrastructure
Railroads
Roads
Trade routes
Markets
Economic goods
Economic conditions
New agricultural enterprises
Consumer goods
Road transportation
Trucking
Railroads
Roads
Trade routes
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