Assessing the Impact of Infrastructure Investments Using Customs Data: The Case of the Greater Mekong Subregion Corridor and the People’s Republic of China
Publication | December 2023
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This paper presents new evidence of the effects of road construction on both domestic and international trade flows in the People’s Republic of China using customs data and information on transport investments in the region.
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Road construction helped to reduce trade costs significantly from 2000 to 2011. The construction of the Kunming–Bangkok Expressway, in particular, led to local economic growth and higher regional specialization in accordance with comparative advantage, facilitating market integration across borders in the Greater Mekong Subregion.
Contents
- Introduction
- Background
- Data
- Trends in Data
- Economic Effects of Kunming-Bangkok Expressway
- Estimation of Trade Costs
- Other Evidence
- Conclusion
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