Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/238549 
Year of Publication: 
2020
Series/Report no.: 
ADBI Working Paper Series No. 1192
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
This paper discusses two high-profile public-private partnership projects in Tajikistan - the Dushanbe-Chanak motor toll road and Pamir Energy hydropower projects. An impact evaluation exercise was conducted for the Dushanbe-Chanak road using difference-in-difference estimates. The impact of the road on gross regional product, regional budget revenues and expenditures, and retail trade is estimated. Data were collected for the period 2000-2017 from the Regions of Tajikistan Statistical Bulletin compiled by the Statistics Agency of the Republic of Tajikistan. The results show that the treatment regions' (Sughd and DRS regions) gross regional product increased by 26% compared to the control regions (Khatlon and GBAO). The positive impact of the Dushanbe-Chanak toll road on regional budget revenues and expenditures is even larger, ranging from 29% to 42%. The quantitative impact analysis shows that the Dushanbe-Chanak toll road has had a positive impact on local economies overall, but relatively high toll charges in the absence of a free alternative road may have prevented greater economic impact on the most vulnerable groups of the population.
Subjects: 
public-private partnership
infrastructure finance
road
energy
JEL: 
H54
L32
R42
R52
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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