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

Susan Stone, Anna Strutt and Thomas Hertel

Macroeconomics Working Papers from East Asian Bureau of Economic Research

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: infrastructure investment; travel time; travel cost; trade facilitation; poverty reduction (search for similar items in EconPapers)
JEL-codes: F15 I32 O12 (search for similar items in EconPapers)
Date: 2010-01
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Citations: View citations in EconPapers (10)

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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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