Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/179227 
Year of Publication: 
2017
Series/Report no.: 
ADBI Working Paper No. 771
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
This paper presents three approaches to the evaluation of cross-border transport infrastructure in the Greater Mekong Subregion (GMS). First, it estimates benefit-cost ratios for selected segments of economic corridors. The results indicate differing degrees of economic viability among different corridors. Second, it presents a panel data analysis on how economic corridor developments have impacted living standards at subnational level. The results indicate that economic corridors in the GMS as a whole show a positive net economic impact. Third, it presents a gravity model analysis on how economic corridors have affected intra-GMS trade. The results indicate positive effects of the development of economic corridors on intra-GMS trade in intermediate goods, especially for electric machinery. This implies that cross-border transport infrastructure in the GMS has contributed to lower service link costs and facilitated vertical integration across borders in this industry.
Subjects: 
project evaluation
cross-border infrastructure
regional integration
JEL: 
F14
F15
O18
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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