Wider Economic Benefits of Transport Corridors : Evidence from International Development Organizations
This paper collects meta data on transport corridor projects financed by the Asian Development Bank, Japan International Cooperation Agency, and World Bank and links them to one important wider economic benefit -- local economic activity. The meta...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/404351573674156323/Wider-Economic-Benefits-of-Transport-Corridors-Evidence-from-International-Development-Organizations http://hdl.handle.net/10986/32666 |
| Summary: | This paper collects meta data on
transport corridor projects financed by the Asian
Development Bank, Japan International Cooperation Agency,
and World Bank and links them to one important wider
economic benefit -- local economic activity. The meta data
cover 47 projects in 16 countries, with appraisal dates
between 1991 and 2007. First, the paper reviews the
variation in project design and implementation -- including
the local initial conditions, complementary non-transport
interventions, and private sector involvement. Second, using
the difference-in-differences methodology, the paper links
this variation to a measure of local economic activity --
the geocoded intensity of nighttime lights. The effect of
the supported corridor projects on local economic activity
could be very heterogenous and significantly depend on
certain initial conditions and project characteristics. The
latter could include locations with access to the sea, as
well as projects with a strong theory of change and better
engagement of the private sector. |
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