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An impact evaluation of investment in infrastructure: The case of a railway connection in Uzbekistan

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  • Yoshino, Naoyuki
  • Abidhadjaev, Umid

Abstract

The Tashguzar–Baysun–Kumkurgan (TBK) railway connection, completed in 2007 in southern Uzbekistan, provided a domestic through line to link rail stretches formerly connected only via neighboring Turkmenistan. We hypothesize that a better integrated domestic rail system would yield economic spillovers beyond the regions actually traversed by the new connector to generate higher growth for neighboring regions and even for the far terminal reaches of the system. We test for this using a difference in difference approach that assesses the impact of the rail connector on economic performance for each of three regional groupings relative to a control group of unaffected regions. We further distinguish effects for the short term (2008), medium term (2009–10), and long term (2011–12). We find statistically significant increases in GDP growth for all three regional groupings at medium or long term horizons with magnitudes of increase up to 2.6 percentage points per year.

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  • Yoshino, Naoyuki & Abidhadjaev, Umid, 2017. "An impact evaluation of investment in infrastructure: The case of a railway connection in Uzbekistan," Journal of Asian Economics, Elsevier, vol. 49(C), pages 1-11.
    • Handle: RePEc:eee:asieco:v:49:y:2017:i:c:p:1-11
    DOI: 10.1016/j.asieco.2017.02.001
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    6. Cuong Viet Nguyen & Tung Duc Phung & Van Khanh Ta & Dat Tho Tran, 2017. "The impact of rural roads and irrigation on household welfare: evidence from Vietnam," International Review of Applied Economics, Taylor & Francis Journals, vol. 31(6), pages 734-753, November.
    7. Naoyuki Yoshino & Farhad Taghizadeh-Hesary, 2018. "Combining environmental taxation, spill-over effects and community-based financing in development of renewable energy projects in Asia," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2018(1), pages 133-148.
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    9. Sharma, Somnath & Kant, Shashi & Mishra, Ranjeeta & Azhgaliyeva, Dina, 2022. "Market Access and Firm Performance: Evidence Based on GIS Analysis of Road Network and Manufacturing-Plant-Level Data from India," ADBI Working Papers 1351, Asian Development Bank Institute.
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    11. Kwang-Jing Yii & Kai-Ying Bee & Wei-Yong Cheam & Yee-Lee Chong & Ching-Mei Lee, 2018. "Is Transportation Infrastructure Important to the One Belt One Road (OBOR) Initiative? Empirical Evidence from the Selected Asian Countries," Sustainability, MDPI, vol. 10(11), pages 1-18, November.
    12. Suchi Kapoor Malhotra & Howard White & Nina Ashley O. Dela Cruz & Ashrita Saran & John Eyers & Denny John & Ella Beveridge & Nina Blöndal, 2021. "Studies of the effectiveness of transport sector interventions in low‐ and middle‐income countries: An evidence and gap map," Campbell Systematic Reviews, John Wiley & Sons, vol. 17(4), December.
    13. Yuxin Chen & Bing Liu & Fan Zhang, 2024. "Vulnerability assessment in economy-society environment of the Belt and Road Initiative countries," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(8), pages 21529-21552, August.
    14. Magazzino, Cosimo & Giolli, Lorenzo, 2021. "The relationship among railway networks, energy consumption, and real added value in Italy. Evidence form ARDL and Wavelet analysis," Research in Transportation Economics, Elsevier, vol. 90(C).
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    More about this item

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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