Download or read book Transportation Infrastructure Investments and Regional Trade Liberalization written by Eric Bond and published by World Bank Publications. This book was released on 1999 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: November 1997 This model predicts that without cooperative infrastructure agreements between countries, there will be underinvestment in those forms of infrastructure in which the investments will have spillover effects to other countries. For a relatively small country, for example, there would tend to be more underinvestment in railroad and highway infrastructure to neighboring countries than there would be in airport and harbor infrastructure (carrying goods to the whole world). Bond examines whether trade liberalization should create a greater incentive for countries to invest in transportation infrastructure. He pays special attention to the case of preferential trade liberalization between neighboring countries, where investments in roads or railroads are specific to the partner country and will thus have spillover effects. The existence of spillovers will lead to gains from cooperative agreements about investment levels. Bond shows that in a small country the incentive to invest in infrastructure depends on the level of the tariff when demand is linear. If protection is in the form of a quota, on the other hand, trade liberalization will increase the optimal infrastructure investment. He shows that in a two-country model with spillovers between countries, the cooperative equilibrium may involve either more or less investment than the noncooperative equilibrium, depending on the pattern of trade between the two countries and the degree of substitutability between investments in the two countries. For a relatively small country, for example, there would be more underinvestment in railroad and highway infrastructure to neighboring countries than there would be in airport and harbor infrastructure. The first type of investment is specific to certain markets and is likely to affect the relative price of goods in those markets. The second type of investment, on the other hand, will send goods to world markets generally, where prices are likely to be relatively unaffected by the investments. Bond also examines the desirability of linking regional trade and infrastructure agreements. The prediction generated by his model is that in the absence of cooperative agreements between countries, there will be underinvestment in those forms of transportation in which the investments will have spillover effects to other countries. Bond identifies two forms of gains from infrastructure agreements: * Internalizing the terms-of-trade effects and thus avoiding the inefficient investment levels that arise in noncooperative choices of investment levels. * Internalizing the effects of the infrastructure investment in the tariff negotiation process, in cases where countries cannot commit to future tariff rates. This paper-a product of the Development Research Group-is part of a larger effort in the group to understand regionalism and development.
Download or read book Transport Trade and Economic Growth Coupled or Decoupled written by BMW Group and published by Springer Science & Business Media. This book was released on 2007-06-08 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book combines approaches from economics as well as business administration to stimulate scientific discourse and support decision-makers. The first part of the book examines the relationship between transport and economic growth, and specifically, whether "decoupling" of transport and economic growth appears possible. Previously unavailable regional data for Italy and Germany were collected and analyzed. The results indicate that transport makes an important contribution to economic growth.
Download or read book Liberalizing Trade in Services written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2006 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Since the mid 1980s a substantial amount of research has been undertaken on trade in services. Much of this is inspired by the World Trade Organization or regional trade agreements, especially the European Union, but an increasing number of papers focus on the impacts of services sector liberalization. This paper surveys the literature, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade (and liberalization), and efforts to cooperate to achieve such liberalization through trade agreements. It concludes that there is increasing evidence that services liberalization is an important source of potential welfare gains, but relatively little research has been done that can inform the design of international cooperation-both trade agreements and development assistance-so as to more effectively promote development objectives.
Download or read book Trade costs and the economic fundamentals of the initiative for integration of regional infrastructure in South America IIRSA Working Paper ITD Documento de Trabajo ITD 30 written by Mauricio Mesquita Moreira and published by BID-INTAL. This book was released on 2007 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Infrastructure s Role in Lowering Asia s Trade Costs written by Douglas H. Brooks and published by Edward Elgar Publishing. This book was released on 2009-01-30 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in.
Download or read book Handbook of Research on Economic Financial and Industrial Impacts on Infrastructure Development written by Das, Ramesh Chandra and published by IGI Global. This book was released on 2017-04-17 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: The infrastructure of a country has significant effects on both the lives of its citizens and its place in international markets. As such, it is imperative to develop policies to promote the quality of a nation’s infrastructure. The Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development is a pivotal reference source for the latest scholarly research on various initiatives and policies developed to enhance the current infrastructure of modern nations. Including the role of economics, finance, and multiple industry perspectives, this book covers a range of pertinent topics such as R&D initiatives, foreign direct investment, and trade liberalization, and this publication is an ideal reference source for researchers, academics, practitioners, and students interested in recent trends in infrastructure development.
Download or read book Transport Investment and Economic Development written by David Banister and published by Psychology Press. This book was released on 2000 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes a major contribution to the debate and is directed at researchers, decision makers and students who are interested in the wider economic development impacts of transport.
Download or read book The Role of Transport Costs and Trade Liberalisation in Territorial Competitiveness written by Alejandra Berenice Trejo Nieto and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: As a result of the advancement of globalisation and the increasing emphasis on competitiveness as a means to get a position in a globalised economy, the territory has regained a key role as a unit for analysis and action. In the context of the globalization local and regional territories compete to attract and retain productive investment and resources and increase its share in total production because it is at the territorial level that the benefits of external integration and the continuous improvement of well-being and abundance are expressed. Transport and trade costs are one dimension of competitiveness. Poor transport infrastructure, long transportation times, inefficiencies, etc. create significant costs which affect the ability of producers to access regional and international markets more quickly and effectively. An analysis of the role played by transport infrastructure and related costs in the development of competitiveness and productivity of regions is fundamental. Although transportation can become a determining factor in how the territory functions development also depends on other crucial factors such as the quality of institutions, economic policies and often openness to trade. This paper will assess the influence of a number of economic forces related to transport costs and trade liberalization on the geographic distribution of manufacturing in Mexico which is a country that carried out and intense process of liberalizations from the 1980's. We will employ GDP data at the state level (1970-2004) in an examination of regional densities in manufacturing as a dependent variable in a reduced form model, where proxies for trade costs and liberalisation are the explanatory variables. The econometric test will provide evidence on the role of interregional differences of transport costs, import access and FDI to foster agglomeration of economic activity which is a reflection of a region's competitiveness. Additionally we look for support for the argument that trade brings increasing agglomeration of economic activity in countries with poor infrastructure and high internal transport costs, as in the case of Mexico compared to industrialised economies.
Download or read book ECMT Round Tables Market Access Trade in Transport Services and Trade Facilitation written by European Conference of Ministers of Transport and published by OECD Publishing. This book was released on 2007-05-23 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Round Table discussed the role of the transport sector in supporting regional economic integration. The event was hosted by the Hellenic Institute of Transport, Thessaloniki.
Download or read book Services Liberalization in ASEAN written by Tham Siew Yean and published by Flipside Digital Content Company Inc.. This book was released on 2018-05-24 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The services sector plays an important role in ASEAN economies as it accounts for about half of the region's GDP and more than 45 per cent of its total employment. ASEAN aspires to deepen integration in the services sector in order to enhance the sector's contribution to economic development and growth in each country. Despite this, services liberalization has progressed slowly compared to goods liberalization both at the multilateral and the regional levels. Different regulatory mechanisms across countries have contributed to the slow pace of liberalization. Logistics is an important industry in the services sector. The integration of logistics is important for deepening economic integration in ASEAN as it facilitates the movement of goods, services and people within and across countries, among producers and from producers to consumers. In view of its importance, ASEAN has identified logistics as one of its priority integration sectors. It has also developed a Connectivity Master Plan and a Strategic Transport Plan, where logistics plays an important role. This book examines the current state of services liberalization in the ten ASEAN economies. It also assesses the FDI enabling environment and the extent of FDI liberalization in the logistics sector as well as the liberalization challenges encountered in each of the ASEAN economies. The book, thus, provides a comparative picture of services liberalization as well as the state of logistics liberalization and development in each of the ten ASEAN member countries. All these have important bearings on deepening ASEAN economic integration for 2025 and beyond.
Download or read book Transport Infrastructure written by Roger Stough and published by Edward Elgar Publishing. This book was released on 2002 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a set of 37 classic readings in the literature that show the development of analysis in the field of transport infrastructure. Readings are arranged into five sections: foundation papers; infrastructure and economic development; infrastructure networks; infrastructure measurement and evaluation; and case studies. Contributions are drawn from such publications as Journal of Monetary Economics; Economic Journal, Regional and Urban Economics, Journal of Political Economy, Review of Economics and Statistics, Empirical Economics, Regional Science and Urban Economics, New England Economic Review, Policy Studies Journal, Scandinavian Journal of Economics, and Journal of Transport Economics and Policy, among others, as well as a few books. Contributions range from one written in 1929 to 1999. Lacks a subject index. Annotation copyrighted by Book News, Inc., Portland, OR
Download or read book Enhancing Connectivity through Transport Infrastructure written by Collectif and published by OECD. This book was released on 2018-10-05 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transport infrastructure is crucial to connect developing countries and help them to boost trade, growth and regional integration. This is because cross-border or long-distance roads and railways as well as international ports and airports are needed to move products and people around in a globalised world. What can bilateral and multilateral development partners do to help connect developing countries through transport infrastructure? This report takes stock of continental and regional transport plans in Africa, Asia, Latin America and parts of Europe to place development co-operation in context. It then examines the strategies and activities of development partners for transport connectivity. It also takes a hard look at the allocation of official development finance for transport connectivity, particularly in relation to the distribution of private investment for the same types of infrastructure. How large is the financing gap for transport connectivity to meet the Sustainable Development Goals? What can development partners do to fill this gap? How can they create an environment that can help mobilise more private resources? The report provides a comprehensive picture of the current state of play as well as food for thought on what can be done to move forward. It also features 16 profiles of development partners and their activities for improving transport connectivity.
Download or read book Regional Trade Arrangements in Africa written by Yongzheng Yang and published by INTERNATIONAL MONETARY FUND. This book was released on 2005-02-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Regional trade arrangements (RTAs) in Africa have been ineffective in promoting trade and foreign direct investment. Relatively high external trade barriers and low resource complementarity between member countries limit both intra- and extraregional trade. Small market size, poor transport facilities and high trading costs make it difficult for African countries to reap the potential benefits of RTAs. To increase regional trade and investment, African countries need to undertake more broad-based liberalization and streamline existing RTAs, supported by improvements in infrastructure and trade facilitation. Early action to strengthen the domestic revenue base would help address concerns over revenue losses from trade liberalization.
Download or read book Impact of Transport Infrastructure Investment on Regional Development written by and published by . This book was released on 2002 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade and the Spatial Distribution of Transport Infrastructure written by Gabriel J. Felbermayr and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Trade Liberalization written by Romain Wacziarg and published by Edward Elgar Publishing. This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.
Download or read book Regional Integration and Development written by Maurice W. Schiff and published by World Bank Publications. This book was released on 2003 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text examines regionalism from the perspective of developing countries. It presents a comprehensive account of existing theory and empirical results and incorporates the findings of formal analyses ofthe politics and dynamics of regionalism.
