The impact of infrastructure on trade in Central Asia

Kamalbek Karymshakov and Burulcha Sulaimanova ()
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Kamalbek Karymshakov: CAREC Institute
Burulcha Sulaimanova: Kyrgyz-Turkish Manas University

Asia Europe Journal, 2021, vol. 19, issue 1, No 2, 5-20

Abstract: Abstract This paper aims to investigate the impact of infrastructure on trade in Central Asia based on the data of three countries: Kazakhstan, Kyrgyzstan, and Tajikistan. Empirical estimations are based on panel data for the period 2010–2018. Infrastructure is measured by quality and quantity indicators. Trade flows are measured by the export and import volumes of each of these countries with their main trade partner countries. The results show that both the quality and quantity of infrastructure in Central Asia have a positive impact on trade flows. However, the positive impact of infrastructure over trade demonstrates a diminishing trend. Given the general remote geographical location of Central Asian countries, the findings of this study indicate that a regional approach to the development of infrastructure is important and that policy towards infrastructure development should be associated with a government policy that facilitates international trade.

Keywords: Infrastructure; Trade; Central Asia (search for similar items in EconPapers)
JEL-codes: N75 O11 O18 O53 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s10308-021-00613-7

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