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The impact of infrastructure on trade in Central Asia

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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.

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Notes

  1. The authors would like to thank an anonymous referee for pointing out this argument.

  2. The authors would like to thank an anonymous referee for pointing out this potential relationship.

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Acknowledgements

Authors are grateful to Dina Azhgaliyeva, Prof. Zhenhua Chen, Prof. Farhad Taghizadeh-Hesary, and Elvira Kurmanalieva, as well as to the participants of the ADBI conference “Energy and Transport Infrastructure Connecting Asia and Europe” (2020) for their valuable comments and suggestions.

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Authors and Affiliations

  1. CAREC Institute, Urumqi, People’s Republic of China

    Kamalbek Karymshakov

  2. Department of Economics, Kyrgyz-Turkish Manas University, Bishkek,, Kyrgyzstan

    Burulcha Sulaimanova

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  1. Kamalbek Karymshakov
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  2. Burulcha Sulaimanova
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Correspondence to Burulcha Sulaimanova.

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Appendix

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Table 5 Description of variables and data sources
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Karymshakov, K., Sulaimanova, B. The impact of infrastructure on trade in Central Asia. Asia Eur J 19 (Suppl 1), 5–20 (2021). https://doi.org/10.1007/s10308-021-00613-7

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