Evaluating Investments in Economic Corridor Development: Lessons from the South Asia Subregional Economic Cooperation Study

Economic Corridor Development for Inclusive Asian Regional Integration -- Modeling Approach to Economic Corriodors. ADB, Manila, 2014

Robert H. Smith School Research Paper

15 Pages Posted: 23 Jan 2014

See all articles by Hans-Peter Brunner

Hans-Peter Brunner

Action International for Evolutionary Development

Kislaya Prasad

University of Maryland - Robert H. Smith School of Business

Date Written: January 21, 2014

Abstract

This paper examines experience of economic corridor development in the South Asia Subregional Economic Cooperation (SASEC) region of South Asia. It lays out an applied framework for prioritizing trade-related interventions and investments according to the expected strength of their combined economic impacts. Along the way, and for the first time, the economic geography of northeastern South Asia has been comprehensively mapped. Computer-driven modeling traces the links between resulting spatial transformations to trade affecting productivity, and the spatial distribution of productivity. Spatial transformation and structural changes suggest another channel for welfare gains from trade. In this way the paper makes a novel contribution to the new economic geography literature.

Keywords: economic geography, economic integration, spatial distributions, models of trade, economic corridor development, South Asia

JEL Classification: F15, O18, R11, R12, R15

Suggested Citation

Brunner, Hans-Peter W. and Prasad, Kislaya, Evaluating Investments in Economic Corridor Development: Lessons from the South Asia Subregional Economic Cooperation Study (January 21, 2014). Economic Corridor Development for Inclusive Asian Regional Integration -- Modeling Approach to Economic Corriodors. ADB, Manila, 2014, Robert H. Smith School Research Paper, Available at SSRN: https://ssrn.com/abstract=2382528 or http://dx.doi.org/10.2139/ssrn.2382528

Hans-Peter W. Brunner (Contact Author)

Action International for Evolutionary Development ( email )

17 ADB Avenue, Level 29, Pasig
1600 Metro Manila
Philippines
+63 920 9707531 (Phone)

Kislaya Prasad

University of Maryland - Robert H. Smith School of Business ( email )

College Park, MD 20742-1815
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
74
Abstract Views
526
rank
399,979
PlumX Metrics