IDEAS home Printed from https://ideas.repec.org/a/col/000443/018465.html
   My bibliography  Save this article

Analysis of transport infrastructure development and competitiveness in the member countries of the Pacific Alliance (2007-2016)

Author

Listed:
  • Raúl Alberto Cortés-Villafradez
  • Nicolas de la Peña-Cárdenas

Abstract

The development of transport infrastructure is a key element for increasing competitiveness, as it reduces the distance effect and freight transport costs, allowing the generation of efficiencies in market integration. This descriptive study uses a comparative methodology, taking as variables the indicators of global competitiveness of the member countries of the Pacific Alliance during the period 2007-2016. The analysis of the results shows a weak trend in the infrastructure development of the Pacific Alliance group and a notable asymmetry among the member countries. There is a need for an individual strategy in each country that is in line with the objectives of trade integration in Asia. Another finding suggests that the achievement of better indicators depends on other significant variables and on the way in which the costs of transport infrastructure investments are passed on to agents who move freight.

Suggested Citation

  • Raúl Alberto Cortés-Villafradez & Nicolas de la Peña-Cárdenas, 2019. "Analysis of transport infrastructure development and competitiveness in the member countries of the Pacific Alliance (2007-2016)," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 11(2), pages 277-297, November.
  • Handle: RePEc:col:000443:018465
    as

    Download full text from publisher

    File URL: https://revfinypolecon.ucatolica.edu.co/article/view/2209
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Coşar, A. Kerem & Demir, Banu, 2016. "Domestic road infrastructure and international trade: Evidence from Turkey," Journal of Development Economics, Elsevier, vol. 118(C), pages 232-244.
    2. James E. Anderson & Eric van Wincoop, 2003. "Gravity with Gravitas: A Solution to the Border Puzzle," American Economic Review, American Economic Association, vol. 93(1), pages 170-192, March.
    3. Roberto Urrunaga & José Luis Bonifaz (ed.), 2008. "Estudios de caso sobre regulación en infraestructura y servicios públicos en el Perú," Books, Fondo Editorial, Universidad del Pacífico, edition 1, volume 1, number 08-07.
    4. Laird, James J. & Venables, Anthony J., 2017. "Transport investment and economic performance: A framework for project appraisal," Transport Policy, Elsevier, vol. 56(C), pages 1-11.
    5. Duranton, Gilles, 2015. "Roads and trade in Colombia," Economics of Transportation, Elsevier, vol. 4(1), pages 16-36.
    6. Zamora, America & pedraza, oscar, 2013. "El transporte internacional como factor de competitividad en el comercio exterior," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 18(35), pages 109-118.
    7. Chandra, Amitabh & Thompson, Eric, 2000. "Does public infrastructure affect economic activity?: Evidence from the rural interstate highway system," Regional Science and Urban Economics, Elsevier, vol. 30(4), pages 457-490, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pablo D. Fajgelbaum & Edouard Schaal, 2020. "Optimal Transport Networks in Spatial Equilibrium," Econometrica, Econometric Society, vol. 88(4), pages 1411-1452, July.
    2. Wessel, Jan, 2019. "Evaluating the transport-mode-specific trade effects of different transport infrastructure types," Transport Policy, Elsevier, vol. 78(C), pages 42-57.
    3. Marta Santagata, 2022. "Roads and intra‐national trade: Evidence from Italian regions," Papers in Regional Science, Wiley Blackwell, vol. 101(6), pages 1383-1409, December.
    4. Bottasso, Anna & Conti, Maurizio & Santagata, Marta, 2022. "Transport Infrastructure and Trade: A Survey of the Empirical Literature," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 75(4), pages 447-464.
    5. Cosar,Ahmet Kerem, 2022. "Overland Transport Costs : A Review," Policy Research Working Paper Series 10156, The World Bank.
    6. Bottasso, Anna & Conti, Maurizio & de Sa Porto, Paulo Costacurta & Ferrari, Claudio & Tei, Alessio, 2018. "Port infrastructures and trade: Empirical evidence from Brazil," Transportation Research Part A: Policy and Practice, Elsevier, vol. 107(C), pages 126-139.
    7. Roberts,Mark & Melecky,Martin & Bougna,Theophile & Xu,Yan-000462055, 2018. "Transport corridors and their wider economic benefits : a critical review of the literature," Policy Research Working Paper Series 8302, The World Bank.
    8. Agnosteva, Delina E. & Anderson, James E. & Yotov, Yoto V., 2019. "Intra-national trade costs: Assaying regional frictions," European Economic Review, Elsevier, vol. 112(C), pages 32-50.
    9. Yang, Xiaolan & Wang, Rui & Guo, Dongmei & Sun, Weizeng, 2020. "The reconfiguration effect of China's high-speed railway on intercity connection ——A study based on media attention index," Transport Policy, Elsevier, vol. 95(C), pages 47-56.
    10. World Bank, 2016. "Georgia Economic Impact of East-West Highway Phase 2," World Bank Publications - Reports 24668, The World Bank Group.
    11. Stephen J. Redding, 2020. "Trade and Geography," NBER Working Papers 27821, National Bureau of Economic Research, Inc.
    12. Holl, Adelheid, 2016. "Highways and productivity in manufacturing firms," Journal of Urban Economics, Elsevier, vol. 93(C), pages 131-151.
    13. Benedikt Heid & Mario Larch & Yoto V. Yotov, 2021. "Estimating the effects of non‐discriminatory trade policies within structural gravity models," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 54(1), pages 376-409, February.
    14. Gáfaro, Margarita & Pellegrina, Heitor S., 2022. "Trade, farmers’ heterogeneity, and agricultural productivity: Evidence from Colombia," Journal of International Economics, Elsevier, vol. 137(C).
    15. Fabien Candau & Elisa Dienesch, 2015. "Spatial distribution of skills and regional trade integration," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(2), pages 451-488, March.
    16. Gojko Barjamovic & Thomas Chaney & Kerem Coşar & Ali Hortaçsu, 2019. "Trade, Merchants, and the Lost Cities of the Bronze Age," The Quarterly Journal of Economics, Oxford University Press, vol. 134(3), pages 1455-1503.
    17. Duranton, Gilles, 2015. "Roads and trade in Colombia," Economics of Transportation, Elsevier, vol. 4(1), pages 16-36.
    18. Yoto V. Yotov, 2021. "The Variation of Gravity within Countries (or 15 Reasons Why Gravity Should Be Estimated with Domestic Trade Flows)," CESifo Working Paper Series 9057, CESifo.
    19. Taylor Jaworski & Carl Kitchens & Sergey Nigai, 2023. "Highways And Globalization," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(4), pages 1615-1648, November.
    20. Abeberese, Ama Baafra & Chen, Mary, 2022. "Intranational trade costs, product scope and productivity: Evidence from India's Golden Quadrilateral project," Journal of Development Economics, Elsevier, vol. 156(C).

    More about this item

    Keywords

    Competitiveness; exports; freight cost; investment; Pacific Alliance; transport infrastructure.;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000443:018465. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Universidad Católica de Colombia (email available below). General contact details of provider: https://edirc.repec.org/data/feuccco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.