The Impact of Infrastructure on Trade and Economic Growth in Selected Economies in Asia
Ismail, Normaz Wana; Mahyideen, Jamilah Mohd | December 2015
Abstract
Infrastructure plays a key role in facilitating trade, especially since recent trade liberalization in Asia has resulted in significant tariff reductions. This study quantifies the impacts of both hard and soft infrastructure on trade volume for exporters and importers in the region as well as on various economic growth indicators.
Results demonstrate that improvements in transport infrastructure (i.e., the road density network, air transport, railways, ports, and logistics) have resulted in increased trade flows. Information and communications technology (ICT) infrastructure has also enhanced trade, as the numbers of telephone lines, mobile phones, broadband access, internet users, and secure internet servers are found to have positive trade effects for both exporters and importers in Asia. Thus, although more attention has traditionally been given to hard infrastructure, the impact of soft infrastructure on trade flows must also be more thoroughly examined.
Citation
Ismail, Normaz Wana; Mahyideen, Jamilah Mohd. 2015. The Impact of Infrastructure on Trade and Economic Growth in Selected Economies in Asia. © Asian Development Bank Institute. http://hdl.handle.net/11540/9671.Keywords
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
Transport time
Economic integration
Energy
Import volume
Export volume
Access to markets
Economic agreements
Trade financing
Regional integration
Vehicle
Land transport
Transport economics
Railways
Infrastructure
Railroads
Roads
Trade routes
Markets
Economic goods
Economic conditions
New agricultural enterprises
Consumer goods
Road transportation
Trucking
Railroads
Roads
Trade routes
Trade flow
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