Trade, Infrastructure, and Development

Marcelo Olarreaga

No 626, ADBI Working Papers from Asian Development Bank Institute

Abstract: This paper surveys the literature on trade and development, especially on complementarities associated with trade infrastructure. The empirical literature shows that, on average, trade causes growth, but the relationship is far from homogeneous across countries since initial conditions matter. Although the empirical literature shows that investment in soft and hard infrastructure has an unambiguously positive impact on trade flows, the theoretical literature argues that priority should be given to investments in national rather than international infrastructure in countries with relatively poor national infrastructure. This paper finds that data support this prediction.

Keywords: trade; trade infrastructure; investments; development (search for similar items in EconPapers)
JEL-codes: F10 O19 O47 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2016-12-31
New Economics Papers: this item is included in nep-int and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Trade, Infrastructure and Development (2016)
Working Paper: Trade, Infrastructure and Development (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbiwp:0626

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