IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this article

Regional Economic Impacts of Large Projects: A General Equilibrium Application to Cross-Border Infrastructure

Listed author(s):
  • Warr, Peter

    (Asian Development Bank)

  • Menon, Jayant

    (Asian Development Bank)

  • Yusuf, Arief Anshory

    (Asian Development Bank)

A general equilibrium framework is used to study the regional economic effects of infrastructure improvements designed to reduce the costs of interregional trade. The results suggest that in the short run the kind of transport cost reductions consistent with improvement of inter-regional transport facilities will produce a modest increase in inter-regional trade volumes in both directions. This coincides with a small increase in real consumption in both regions and correspondingly small reductions in poverty incidence. Over a longer period, the benefits to both regions, including reductions in poverty incidence, are much larger, as investors respond to the changed structure of incentives with new capital investments, and as workers move to regions of greater return to their labor. Because these benefits are significant in both regions, the results do not confirm the common presumption that the benefits from cross-border infrastructure projects occur only, or overwhelmingly, in the richer region.

To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Article provided by Asian Development Bank in its journal Asian Development Review.

Volume (Year): 27-1 (2010)
Issue (Month): 1 ()
Pages: 104-134

as
in new window

Handle: RePEc:ris:adbadr:2714
Contact details of provider: Postal:
P.O. Box 789, Manila

Fax: (63-2) 636-2648
Web page: http://www.adb.org
Email:


More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:ris:adbadr:2714. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Susan M. Torres)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

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

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.