01338284

Component

This paper analyzes the impact of international transportation infrastructure projects on a landlocked country. Landlocked countries/regions usually suffer from low economic development. Lao PDR (People's Democratic Republic), located in the Greater Mekong Subregion (GMS), is one of them. Currently, multiple international transportation infrastructure projects are in progress in the GMS, including cross-border land transportation development, port development, and cross-border trade facilitation. These projects are expected to contribute to the economic development of Lao PDR and other GMS members. This paper analyzes their impact using the standard Global Trade Analysis Project (GTAP) model. It is one of the spatial computable general equilibrium models with which to estimate the change in economic activities caused by transportation projects. The results show that the international transportation investment in the GMS substantially increases the gross domestic product (GDP) in Lao PDR in addition to the GDPs in other GMS members.

01329018

11-0824

English

14p

2011

Transportation Research Board 90th Annual Meeting

DVD

Appendices (2) ; References (20) ; Tables (9)

Cross border leasing; Economic impacts; Freight transportation; Gross domestic product; Infrastructure; International borders; International trade; Project management; Transportation planning

General equilibrium models; Landlocked countries

Greater Mekong Subregion; Laos

Economics; Freight Transportation; Planning and Forecasting; I72: Traffic and Transport Planning

Transportation Research Board Annual Meeting 2011 Paper #11-0824

TRIS, TRB

Feb 17 2011 5:35PM