Transport Corridors and Their Wider Economic Benefits: A Quantitative Review of the Literature

42 Pages Posted: 29 May 2020

See all articles by Mark Roberts

Mark Roberts

World Bank

Martin Melecky

World Bank

Théophile Bougna

University of Quebec at Montreal (UQAM) - Université du Québec à Montréal

Yan (Sarah) Xu

affiliation not provided to SSRN

Date Written: March 2020

Abstract

Transport corridors can generate both wider economic benefits (WEBs) and costs through their effects on diverse development outcomes. To advance understanding of how corridors could generate WEBs, this paper undertakes a quantitative review and meta‐analysis of the literature that estimates the impacts of large transport infrastructure projects. The analysis finds that characteristics of individual studies and the design of the transport infrastructure influence estimated benefits. It also shows that, on average, while corridor interventions tend to benefit economic welfare and equity, they often detrimentally impact the environment. To mitigate trade‐offs, policymakers can consider using complementary interventions.

Keywords: large‐scale infrastructure investments, meta‐analysis, transport corridors

Suggested Citation

Roberts, Mark and Melecky, Martin and Bougna, Théophile and Xu, Yan (Sarah), Transport Corridors and Their Wider Economic Benefits: A Quantitative Review of the Literature (March 2020). Journal of Regional Science, Vol. 60, Issue 2, pp. 207-248, 2020, Available at SSRN: https://ssrn.com/abstract=3611148 or http://dx.doi.org/10.1111/jors.12467

Mark Roberts (Contact Author)

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Martin Melecky

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Théophile Bougna

University of Quebec at Montreal (UQAM) - Université du Québec à Montréal ( email )

CP 8888 Succ Centre Ville
Montréal, H3C3P8
Canada

Yan (Sarah) Xu

affiliation not provided to SSRN

No Address Available

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

Paper statistics

Downloads
0
Abstract Views
93
PlumX Metrics