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The impact of infrastructure on trade in Central Asia

Author

Listed:
  • Kamalbek Karymshakov

    (CAREC Institute)

  • Burulcha Sulaimanova

    (Kyrgyz-Turkish Manas University)

Abstract

This paper aims to investigate the impact of infrastructure on trade in Central Asia based on the data of three countries: Kazakhstan, Kyrgyzstan, and Tajikistan. Empirical estimations are based on panel data for the period 2010–2018. Infrastructure is measured by quality and quantity indicators. Trade flows are measured by the export and import volumes of each of these countries with their main trade partner countries. The results show that both the quality and quantity of infrastructure in Central Asia have a positive impact on trade flows. However, the positive impact of infrastructure over trade demonstrates a diminishing trend. Given the general remote geographical location of Central Asian countries, the findings of this study indicate that a regional approach to the development of infrastructure is important and that policy towards infrastructure development should be associated with a government policy that facilitates international trade.

Suggested Citation

  • Kamalbek Karymshakov & Burulcha Sulaimanova, 2021. "The impact of infrastructure on trade in Central Asia," Asia Europe Journal, Springer, vol. 19(1), pages 5-20, December.
    • Handle: RePEc:kap:asiaeu:v:19:y:2021:i:1:d:10.1007_s10308-021-00613-7
    DOI: 10.1007/s10308-021-00613-7
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    Cited by:

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    2. Chen Shen, 2023. "The Impact of Infrastructure Development on China–ASEAN Trade-Evidence from ASEAN," Sustainability, MDPI, vol. 15(4), pages 1-11, February.
    3. Hrvoje Grofelnik & Nataša Kovačić, 2023. "Factors Influencing the Carbon Footprint of Major Road Infrastructure—A Case Study of the Učka Tunnel," Sustainability, MDPI, vol. 15(5), pages 1-14, March.

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    More about this item

    Keywords

    Infrastructure; Trade; Central Asia;
    All these keywords.

    JEL classification:

    • N75 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Asia including Middle East
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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