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Infrastructure services, from both hard and soft infrastructure, play a vital role in facilitating Asia's export-led growth by keeping the prices of delivered goods in export markets competitive. Efficient infrastructure services lower transaction costs, raise value added, and increase potential...
Persistent link: https://www.econbiz.de/10003855450
This paper studies the regional treatment effects of infrastructure projects on employment and transport volumes by combining the quantitative econometric method with qualitative case studies. The quantitative method that we use is synthetic control, which allows us to analyze the causal effects...
Persistent link: https://www.econbiz.de/10012289890
The paper argues that East Asia is setting the pace for the recent trend in regional and inter-regional integration, which is associated with multilateral infrastructure connectivity initiatives, like the "Belt and Road Initiative" (BRI) of the People's Republic of China and Japan's "Partnership...
Persistent link: https://www.econbiz.de/10012205804