Analyzing spillover effects of development of Asian highway on regional growth of Northeast Asian countries

We develop a multinational multiregional computable general equilibrium (MMCGE) model to analyze the economic impacts of connecting two missing links on Asian Highway Route 1 (AH1) in 20 Northeast Asian regions. The major sources of economic benefits from the completion of two cross‐border transport...

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Bibliographic Details
Published in:Review of development economics 2021-08, Vol.25 (3), p.1243-1266
Main Authors: Kim, Euijune, Moon, Seung‐Woon, Yi, Yoojin
Format: Article
Language:English
Subjects:
cross‐border cooperation
Development programs
Economic impact
Economic models
Effectiveness
Efficiency
infrastructure investment
Investments
Redevelopment
regional economic growth
Regions
Simulation
Spillover effect
Stockholders
Supply & demand
Transportation
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