Shepherd, Ben

Road Infrastructure in Europe and Central Asia Does Network Quality Affect Trade ? / Shepherd, Ben [electronic resource] : Shepherd, Ben - Washington, D.C., The World Bank, 2007 - 1 online resource (46 p.) - Policy research working papers. World Bank e-Library. .

The authors present a new database of minimum distance road routes connecting 138 cities in 27 countries across Europe and Central Asia. They use it to show that improved road network quality is robustly associated with higher intraregional trade flows. Gravity model simulations suggest that an ambitious but feasible road upgrade could increase trade by 50 percent over baseline, exceeding the expected gains from tariff reductions or trade facilitation programs of comparable scope. Cross-country spillovers due to overland transit are important: total intraregional trade could be increased by 30 percent by upgrading roads in just three countries-Albania, Hungary, and Romania.

10.1596/1813-9450-4104


Bottlenecks
Costs
High Transport
Initiatives
Investments
Road
Road Improvement
Road Infrastructure
Road Network
Road Quality
Road Transport
Roads
Route
Routes
Trans Transit Routes
Transport
Transport Costs
Transport Data
Transport Economics, Policy and Planning
Travel
True

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