Analysis of the Economic Impact of Improved Connectivity in Nepal

Tadateru Hayashi, S. Kumagai, Sanchita Das, M. Khadka, Ikumo Isono, S. Keola, Kenmei Tsubota, Kazunobu Hayakawa
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Abstract

This study has estimated the economic impacts of ongoing and future infrastructure development projects in Nepal by using the geographical simulation model developed by the Institute of Developing Economies (IDE-GSM). The IDE-GSM is a computational general equilibrium model based on spatial economics. The simulation analysis reveals that ongoing infrastructure development projects in Nepal benefit the country’s economy and that the planned connectivity improvement with India will have a positive impact, with an anticipated major shift in the mode of transport for trade. JEL Classification: C68, F17
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改善尼泊尔连通性的经济影响分析
本研究利用发展中经济体研究所(IDE-GSM)开发的地理模拟模型,估计了尼泊尔正在进行和未来的基础设施发展项目的经济影响。IDE-GSM是基于空间经济学的计算一般均衡模型。模拟分析显示,尼泊尔正在进行的基础设施发展项目使该国经济受益,计划改善与印度的连通性将产生积极影响,预计贸易运输方式将发生重大转变。JEL分类:C68, F17
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