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dc.contributor.authorZhai, Fanen_US
dc.date.accessioned2011-01-07en_US
dc.date.accessioned2011-12-15T12:26:15Z-
dc.date.available2011-12-15T12:26:15Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/53634-
dc.description.abstractCapitalizing on recent estimates of infrastructure financing requirements in Asia, this paper frames a scenario for infrastructure development in the region and estimates the external effects of infrastructure investment. It also assesses quantitatively the economy-wide welfare effects of developing regional infrastructure in Asia, using a global computable general equilibrium model. The results show that developing Asian economies would gain significantly from the expansion of regional infrastructure in transport and communication. With annual investment of around US$800 billion in transport, communication, and energy infrastructure during 2010-2020, developing Asia is likely to reap welfare gains of US$1,616.3 billion (in 2008 prices) in 2020, or 10% of projected aggregate gross domestic product.en_US
dc.language.isoengen_US
dc.publisherAsian Development Bank Institute Tokyoen_US
dc.relation.ispartofseriesADBI working paper series 223en_US
dc.subject.jelC68en_US
dc.subject.jelF15en_US
dc.subject.ddc330en_US
dc.subject.stwInfrastrukturinvestitionen_US
dc.subject.stwExterner Effekten_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwAsienen_US
dc.titleThe benefits of regional infrastructure investment in Asia: A quantitative explorationen_US
dc.typeWorking Paperen_US
dc.identifier.ppn631101497en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:ADBI Working Paper Series, Asian Development Bank Institute

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