A geographical simulation of impacts of Vientiane-Hanoi expressway

Souknilanh Keola and Kumagai Satoru

No 761, IDE Discussion Papers from Institute of Developing Economies, Japan External Trade Organization(JETRO)

Abstract: In this paper, we estimated the economic impacts of the proposed and some alternative routes of Vientiane-Hanoi Expressway (VHE), using a computational general equilibrium model based on spatial economics. The estimation results show that overall international positive impact depends more on whether it forms a cross-border expressway connection between the capitals of Vietnam and Thailand. The proximity of the expressway to Laos’s capital is nevertheless critical to economic benefits expected within Laos.

Keywords: Simulation; New Economic Geography; Laos; Vietnam; Thailand; Economic geography (search for similar items in EconPapers)
JEL-codes: R12 R13 R42 (search for similar items in EconPapers)
Date: 2019-04
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Published in IDE Discussion Paper = IDE Discussion Paper, No. 761. 2019-04

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