Developing economies face particularly challenging decisions on how to distribute limited resources efficiently. A significant proportion of these resources are dedicated to constructing and enhancing infrastructure, with the overarching goals of promoting market integration, spurring long-term productivity, and bolstering the competitiveness of local actors in global markets. This VoxDevLit provides a comprehensive overview of recent policy-relevant findings in the academic literature, specifically focusing on assessing the economic impacts of land transport infrastructure at regional and intracity levels. The survey draws on research using a range of empirical and theoretical methodologies to describe key evidence on the impacts of roads, railroads, metros, and Bus Rapid Transit (BRT) systems in developing countries.
Presentation of key takeaways
For our launch event, Marco Gonzalez-Navarro and Román David Zárate joined us to present the key takeaways from this VoxDevLit, highlighting policy relevant results from recent economic research on land transport infrastructure.