Theme curator: Yoshino, Naoyuki

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The Spillover Effects of Infrastructure Investments

Many Asian countries need massive infrastructure investments right now. However, the full economic impact of highways, railways, bridges and ports was often not well computed resulting in waste, inefficiencies and sometimes undervaluation. This ADBI animeme shows how smarter project assessments could guaranty higher-quality and environmentally-suitable infrastructure for the region.

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Reconnecting Asia is mapping major linkages—roads, railways, and other infrastructure—that are rapidly reshaping economic and connectivity opportunities across Asia.

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  • Impact of Infrastructure Investment on Tax: Estimating Spillover Effects of the Kyushu High-Speed Rail Line in Japan on Regional Tax Revenue 

    Yoshino, Naoyuki; Abidhadjaev, Umid (Asian Development Bank Institute, 2016-05-15)
    This paper analyzes the impact of infrastructure investment on tax revenues and on the economy of the region. In 1991, the Kyushu high-speed rail line was constructed and was completed in 2003. In 2004, the rail line started operating from Kagoshima ...
  • Hometown Investment Trust Funds: An Analysis of Credit Risk 

    Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad (Asian Development Bank, 2014-11-15)
    In Asia, small and medium-sized enterprises (SMEs) account for a major share of employment and dominate the economy. Asian economies are often characterized as having bank-dominated financial systems and underdeveloped capital markets, in particular ...