Impact of Cross-border Transport Infrastructure on Trade and Investment in the GMS
Collaborative infrastructure projects are undertaken in the Greater Mekong Subregion because, in theory, they help to promote greater trade and investment flows among neighboring countries.
This paper tests the impact of cross-border road projects on trade and foreign direct investment, building on the recent "new economic geography" literature. It finds that cross-border roads have a positive impact on trade, although it finds no evidence of any impact on foreign direct investment flows. However, formal barriers to trade as represented by import tariffs do not appear to be a significant influence on trade.
Download this Discussion Paper [ PDF 309.9KB| 35 pages ].
Post a Comment | We welcome your feedback on this publication. Post a comment. ADBI is not obliged to acknowledge or publish comments and may abridge or edit them before web posting. |
Comment(s)
There are [0] comment(s) for this entry. Post a comment.
|
The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
|
|
About ADBINews & EventsSpecial ProgramsPartnerships
Publications
Back to Top
