Analysis of the Efficiency of Transport Infrastructure Connectivity and Trade

Abstract

Analyzing the efficiency of transport infrastructure connectivity and trade in the Regional Comprehensive Economic Partnership (RCEP) is very important for regional integration for international trade in the RCEP. This study aims to significantly measure the efficiency of the connectivity of infrastructure in the RCEP for improving the performance of infrastructure connection and suggest the way to improve the connection of infrastructure. Therefore, the input and output variables of infrastructure connectivity have been inserted to achieve this objective. The inputs are: the number of ports, rail range, and road networks, the number of land borders, the number of maritime borders, number of cross border points, railway linkage with other countries, number of ports connected with railways, and the number of ports connected with road base on the “intermodal and multimodal concept”. On the other hand, the output factors most related to trade and economics are GDP, transport, import, and export volume. The paper applied DEA (Data Envelopment Analysis) model by using DEAP software to analyze the data. The result reveals that the efficiency of infrastructures connectivity and international trade in 10 countries were efficient and 5 countries were inefficient. The research study presents ways of development to improve the connectivity by investing in the basic infrastructures, such as increasing the logistics connection points and driving forward for international trade in the RCEP.

Sustainable development of transport infrastructure in the system of national economy

“…• Efficiency. Well-designed infrastructure minimizes travel times and costs for both passengers and freight, contributing to economic efficiency (Netirith & Ji, 2022). • Safety standards.…”

“…• Integration. Effective transport infrastructure integrates different modes of transportation, allowing for smooth transfers and efficient movement of goods and people (Netirith & Ji, 2022). • Incorporation of technology.…”

“…Integration across different modes of transportation creates connectivity between public transit, cycling, walking, and private vehicles (Netirith & Ji, 2022). Moreover, the infrastructure includes intelligent traffic management systems to optimize traffic flow, reduce congestion, and enhance overall transportation efficiency (Kramar et al, 2019).…”

AIIB Investment and Economic Development of India: The Case of the Gujarat Road Project

“…Sarania (2021) found that infrastructure construction can promote economic development by increasing the level of trade openness (Sarania 2021). Netirith and Ji (2022) pointed out that connectivity is important to link the community, regional integration, transportation and the direction of international trade import and export performance (Netirith and Ji 2022). Song (2021) found that railroads have a significant positive effect on the development of underdeveloped regions by connecting these regions with developed regions and bringing business opportunities (Song 2021).…”

Efficiency of Transport Infrastructure in Asian Russia, China, Mongolia, and Kazakhstan in the Context of Creating New Trans-Eurasian Transport Corridors

“…A number of studies devoted to the analyses of efficiency of transport infrastructure have been carried out in the last decades. They consider the transport infrastructure connectivity using data envelopment analysis (DEA) [22]; review the regional development context [23] and influence on urban land use [24]; and evaluate railways and highways [25,26]. The theoretical background of the transport infrastructure development [27] and sustainable transportation aspects [28] are considered.…”