The Impact of Infrastructure on Trade and Economic Growth in Selected Economies in Asia

Abstract

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Weakness in Investment Growth: Causes, Implications and Policy Responses

“…Better public infrastructure, especially trade-facilitating infrastructure, can increase international trade. Improved port and airport facilities and telecommunication quality raise export and import volumes significantly (Nordas and Piermartini 2004;Ismail and Mahyideen 2015). By one estimate, bringing the trade-facilitating infrastructure of below-average member countries of the Asia Pacific Economic Cooperation Forum (APEC) to half the APEC average increased intra-APEC trade by about 10 percent (Wilson et al 2002).…”

Does infrastructure increase exports and reduce trade deficit? Evidence from selected South Asian countries using a new Global Infrastructure Index

“…Previous studies have some shortcoming to better understand the role of infrastructure in international trade by using the individual aggregate data of land line and mobile connectivity for telecommunication-and the total length of roads and the number of aircraft departures for transport infrastructure cost (for example, Ismail and Mahyideen 2015;Roller and Waverman 2001;Hoffmann 2003;Limao and Venables 2001). Some recent studies devised principal components analysis (PCA) (for example, Kumar 2006;and Francois and Manchin 2013).…”

On the Road: Connectivity infrastructures in Southeast Asia

“…A cost-reducing improvement of road infrastructures may therefore play a very relevant role in improving price competitiveness of traded goods produced in the countries where the infrastructures are located. Ismail and Mahyideen (2015) find that transport cost reduction matters significantly in the way road infrastructures affect trade. Road infrastructures are also found to score better than other factors aimed at facilitating trade, such as information and communication technology, border and transport efficiency, and business and regulatory environment.…”