Abstract

There can be two broad objectives of transport corridor development: to improve efficiency in the transport and logistics processes in the corridor, and to generate economic development in the corridor region, capitalizing on improved connectivity and transport networks. This paper focuses on the second objective of corridor development. A transport corridor can become a tool for spatially balanced and more sustainable economic development and human well-being in the corridor region. Considering the promise of this approach, this paper undertakes a critical review of transport infrastructure development studies undertaken in Sub-Saharan and South Asian countries to find evidence of infrastructure development impacts. Evidence gathered from the review suggests that transport infrastructure development can have significant positive impacts on economic growth, income, poverty, employment, equity, and inclusion. However, there can be important trade-offs between economy and welfare and environmental quality, and the distribution of impacts can be uneven. The paper also considers how some of the transport corridor development issues are addressed and complementary interventions that may be required, and, finally, discusses lessons learned from the review and their policy implications which can be useful for future corridor designs, and provides suggestions of research studies to fill the current knowledge gaps.

Highlights

  • High Volume Transport (HVT) corridors and networks comprise arterial and main roads and railways to form the national transport backbone, which connects the smaller feeder road and rail links

  • Considering the promise of transport corridors to be an important policy intervention tool, this paper aims to review the current knowledge on wider economic benefits and costs of transport corridor development

  • A meta-analysis of the results has revealed statistically significant benefits of transport networks for real and nominal income, consumption, gender, education, and job creation

Read more

Summary

Introduction

High Volume Transport (HVT) corridors and networks comprise arterial and main roads and railways to form the national transport backbone, which connects the smaller feeder road and rail links. HVT corridors and networks carry the major share of passenger and freight traffic and play a key role in the economic and social development of a country. The impacts of investments in transport corridors and networks can be substantial. The transport network is linked to national output, employment, and income. Well-connected transport networks link producers and consumers and affect people’s wellbeing, including poverty alleviation through higher production and wages, new jobs, and lower input and higher output prices. Transport networks facilitate access to education, employment, health, and other social and cultural facilities

Objectives
Methods
Results
Discussion
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call