Analysis of the Economic Impact of Improved Connectivity in Nepal-Reference-Cited by-同舟云学术

Analysis of the Economic Impact of Improved Connectivity in Nepal

Published:2023-08-09 Issue:2 Volume:5 Page:145-166
ISSN:2631-6846
Container-title:Journal of Asian Economic Integration
language:en
Short-container-title:Journal of Asian Economic Integration

Author:

Hayashi Tadateru¹,Kumagai Satoru²,Das Sanchita Basu³,Khadka Manbar Singh⁴,Isono Ikumo⁵,Keola Souknilanh⁶,Tsubota Kenmei⁷,Hayakawa Kazunobu⁸

Affiliation:

1. South Asia Department, Asian Development Bank (ADB), Manila, Philippines

2. Economic Geography Studies Group, Development Studies Center, IDE-JETRO, Chiba-shi, Chiba, Japan.

3. Economic Research and Regional Cooperation Department, ADB, Manila, Philippines

4. South Asia Department, ADB, Manila, Philippines

5. Economic Research Institute for ASEAN and East Asia (ERIA), Jakarta, Indonesia

6. Economic Geography Studies Group, Development Studies Center, IDE-JETRO, Chiba, Japan

7. Department of Regional Development Studies, Toyo University, Tokyo, Japan

8. Bangkok Research Center, IDE-JETRO, Thailand

Abstract

This study has estimated the economic impacts of ongoing and future infrastructure development projects in Nepal by using the geographical simulation model developed by the Institute of Developing Economies (IDE-GSM). The IDE-GSM is a computational general equilibrium model based on spatial economics. The simulation analysis reveals that ongoing infrastructure development projects in Nepal benefit the country’s economy and that the planned connectivity improvement with India will have a positive impact, with an anticipated major shift in the mode of transport for trade. JEL Classification: C68, F17

Publisher

SAGE Publications

Subject

General Earth and Planetary Sciences,General Environmental Science

Link

http://journals.sagepub.com/doi/pdf/10.1177/26316846231182178

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