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A geographical simulation of impacts of Vientiane-Hanoi expressway

Author

Listed:
  • Keola, Souknilanh
  • Kumagai, Satoru

Abstract

In this paper, we estimated the economic impacts of the proposed and some alternative routes of Vientiane-Hanoi Expressway (VHE), using a computational general equilibrium model based on spatial economics. The estimation results show that overall international positive impact depends more on whether it forms a cross-border expressway connection between the capitals of Vietnam and Thailand. The proximity of the expressway to Laos’s capital is nevertheless critical to economic benefits expected within Laos.

Suggested Citation

  • Keola, Souknilanh & Kumagai, Satoru, 2019. "A geographical simulation of impacts of Vientiane-Hanoi expressway," IDE Discussion Papers 761, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper761
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    More about this item

    Keywords

    Simulation; New Economic Geography; Laos; Vietnam; Thailand; Economic geography;
    All these keywords.

    JEL classification:

    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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