(Re)Defining economic corridors

Isono Ikumo and Kumagai Satoru

No 774, IDE Discussion Papers from Institute of Developing Economies, Japan External Trade Organization(JETRO)

Abstract: Economic corridors connect production bases, markets, and gateway ports to the outside region, thereby stimulating economic integration and development in remote areas. In terms of recognition, development programmes, and effectiveness, economic corridors in the Greater Mekong Subregion (GMS) are one of the region’s best practices. Several other regions have adopted similar approaches. However, one major problem concerning economic corridors is that the selection of economic corridors is inconsistent from an economic perspective. This paper uses the Geographical Simulation Model developed by the Institute of Developing Economies. As an experimental study, this paper redefines economic corridors in the GMS from an economic perspective and discusses the favourable conditions for economic corridors.

Keywords: Economic corridors; Simulation; Greater Mekong Subregion｜International economic relations (search for similar items in EconPapers)
JEL-codes: O18 R12 R58 (search for similar items in EconPapers)
Date: 2020-03
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Citations: View citations in EconPapers (1)

Published in IDE Discussion Paper = IDE Discussion Paper, No. 774. 2020-03

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