Wider economic benefits of transport corridors: Evidence from international development organizations

This paper collects data on transport corridor projects financed by the Asian Development Bank, Japan International Cooperation Agency, and World Bank links them to a wider economic benefit—local activity. The uses difference-in-differences methodology link variation in country local initial conditions, project characteristics Construction of new (greenfield) is associated with higher growth activity around than rehabilitation or expansion an existing corridor. Private sector involvement operation management infrastructure lower along corridors. In short medium term, investments larger geographic scope are increased them, while long there no significant difference relative smaller-scope investments. conditions do not seem influence how affect