Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion

Susan Stone, Anna Strutt and Thomas Hertel

No 234, ADBI Working Papers from Asian Development Bank Institute

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.

Keywords: greater mekong subregion; poverty reduction; infrastructure investment (search for similar items in EconPapers)
JEL-codes: F15 I32 O12 (search for similar items in EconPapers)
Pages: 39 pages
Date: 2010-08-03
New Economics Papers: this item is included in nep-dev, nep-ppm, nep-sea and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Related works:
Working Paper: Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion (2010)
Working Paper: Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion (2010)
Working Paper: Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion (2009)
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