Skip to main content
Log in

Economic corridors in the context of the development of macroregions

  • Practice-oriented paper
  • Published:
Innovative Infrastructure Solutions Aims and scope Submit manuscript

Abstract

The most important transport routes in the world economy form an integrated transport network designed to service international trade. Modern international economic corridors represent a system of institutional, technical, technological, and geographical elements that jointly enable significant volumes of international freight transport by various modes of transportation. The present study examines the impact of economic corridors on the regional levels of socioeconomic development. Findings indicate that regions within which an economic corridor has been built develop at a higher pace that regions without such a corridor running through it. The regression analysis revealed a relationship between the pace of regional socioeconomic development and road freight volumes. However, this relationship was observed with respect to regions having more than one economic corridor running through their territory. The existence of economic corridors has most significantly influenced the level of trade, exports, transportation volumes, and level of investment. The SWOT analysis of regions revealed the major threats associated with the construction of economic corridors, and recommendations of their optimization and adaptation were drawn accordingly. In addition, this study highlights the main directions of and criteria for the transport infrastructure development.

This is a preview of subscription content, log in via an institution to check access.

Access this article

Price excludes VAT (USA)
Tax calculation will be finalised during checkout.

Instant access to the full article PDF.

Fig. 1

Similar content being viewed by others

References

  1. OECD (2018) The belt and road Initiative in the global trade, investment and finance landscape. In OECD Business and Finance Outlook 2018. OECD Publishing. https://doi.org/10.1787/bus_fin_out-2018-6-en.cnhfys

  2. Öberg M, Nilsson KL, Johansson C (2017) Major transport corridors: the concept of sustainability in EU documents. Transp Res Proc 25:3694–3702. https://doi.org/10.1016/j.trpro.2017.05.339

    Article  Google Scholar 

  3. Serrano Moreno JE, Telias D, Urdinez F (2020) Deconstructing the belt and road initiative in Latin America. Asian Educ Dev Stud. https://doi.org/10.1108/AEDS-01-2020-0021

    Article  Google Scholar 

  4. Yañez-Pagans P, Martinez D, Mitnik OA, Scholl L, Vazquez A (2019) Urban transport systems in Latin America and the caribbean: lessons and challenges. Lat Am Econ Rev 28(1):1–25. https://doi.org/10.1186/s40503-019-0079-z

    Article  Google Scholar 

  5. Ferrari C, Tei A (2020) Effects of BRI strategy on Mediterranean shipping transport. J Ship Trade 5(1):1–18. https://doi.org/10.1186/s41072-020-00067-x

    Article  Google Scholar 

  6. Dondokov Z (2018) The economic corridor “China-Mongolia-Russia”: problems and development prospects. IOP Conf Ser Earth Environ Sci 190(1):012052

    Article  Google Scholar 

  7. Athukorala PC, Narayanan S (2018) Economic corridors and regional development: the Malaysian experience. World Dev 106:1–14. https://doi.org/10.1016/j.worlddev.2018.01.009

    Article  Google Scholar 

  8. Janic M (2020) Multicriteria evaluation of intermodal (rail/road) freight transport corridors. Logist Sustain Transp 11:1–23. https://doi.org/10.2478/jlst-2020-0001

    Article  Google Scholar 

  9. Quium ASM (2019) Transport corridors for wider socio–economic development. Sustainability 11(19):5248. https://doi.org/10.3390/su11195248

    Article  Google Scholar 

  10. Jiang Y, Qiao G, Lu J (2019) Impacts of the new international land–sea trade corridor on the freight transport structure in China, Central Asia, the ASEAN countries and the EU. Res Transp Bus Manag 35:100419. https://doi.org/10.1016/j.rtbm.2019.100419

    Article  Google Scholar 

  11. Sabra MM (2021) International capital inflows and government size: evidence from panel data in selected Mena Countries. J Econ Sci Theory Pract 78(1)

  12. Roberts M, Melecky M, Bougna T, Xu Y (2019) Transport corridors and their wider economic benefits: a quantitative review of the literature. J Reg Sci 60(2):207–248. https://doi.org/10.1111/jors.12467

    Article  Google Scholar 

  13. Steck B (2017) Our fantasized closure and effective opening: transport infrastructure, a major lever for Africa’s development. Rev Int Strateg 107:145–153. https://doi.org/10.3917/ris.107.0145

    Article  Google Scholar 

  14. Fanou EH, Wang X (2018) Assessment of transit transport corridor efficiency of landlocked African countries using data envelopment analysis. S Afr J Sci 114(1/2):1–7

    Article  Google Scholar 

  15. Dinets D, Dzhavrshian A (2018) International transport corridors and transborder movement of fictitious capital. MATEC Web of Conf 239:03013. https://doi.org/10.1051/matecconf/201823903013

    Article  Google Scholar 

  16. Fau N (2019) Development corridors. EchoGéo 49:1–10. https://doi.org/10.4000/echogeo.18170

    Article  Google Scholar 

  17. Fau N (2016) Investment in infrastructure and regional integration: will connectivity reduce inequalities? In: Miki M, Jetin B (eds) ASEAN economic community: a model for Asia-wide regional integration? Palgrave, pp 291–310

    Google Scholar 

  18. Brand A, Geyer HS, Geyer HS (2017) Corridor development in gauteng, South Africa. GeoJournal 82:311–327. https://doi.org/10.1007/s10708-015-9683-x

    Article  Google Scholar 

  19. Chan MHT (2018) The belt and road initiative – the new silk road: a research agenda. J Contemp East Asia Stud 7(2):104–123. https://doi.org/10.1080/24761028.2019.1580407

    Article  Google Scholar 

  20. Asadov S (2012) Tajikistan's transit corridors and their potential for developing regional trade. In: Institute of Public Policy and Administration Working Paper No. 6.

  21. Chen Q (2020) Chinese and Russian transport corridors and the belt and road initiative: prospects of Sino-Russian cooperation. R-economy 6(2):100–110. https://doi.org/10.15826/recon.2020.6.2.009

    Article  Google Scholar 

  22. Hao W, Shah SMA, Nawaz A, Asad A, Iqbal S, Zahoor H, Maqsoom A (2020) The impact of energy cooperation and the role of the one belt and road initiative in revolutionizing the geopolitics of energy among regional economic powers: an analysis of infrastructure development and project management. Complexity 2020:8820021. https://doi.org/10.1155/2020/8820021

    Article  Google Scholar 

  23. Ivanter VV (2018) Prospects of economic development in Russia. Stud Russ Econ Dev 29(3):225–227. https://doi.org/10.1134/S1075700718030061

    Article  Google Scholar 

  24. Pieper M (2020) The new silk road heads north: implications of the China-Mongolia-Russia economic corridor for Mongolian agency within Eurasian power shifts. Eurasian Geogr Econ. https://doi.org/10.1080/15387216.2020.1836985

    Article  Google Scholar 

  25. Ivanter VV, Govtvan OD, Gusev MS, Ksenofontov MY, Kuvalin DB, Moiseev AK, Porfiryev BN, Semikashev VV, Uzyakov MN, Shirov AA (2018) System of measures to recovery of economic growth in Russia. Stud Russ Econ Dev 29(1):1–5. https://doi.org/10.1134/S1075700718010057

    Article  Google Scholar 

  26. Rosstat (2020) Regions of Russia. Socio-economic indicators. Statistical Book. Rosstat. https://rosstat.gov.ru/storage/mediabank/fimgAF33/Region_Pokaz_2020.pdf

  27. Abesadze N, Abesadze O, Amanova L (2020) Trends in the growth of tourist flows from Azerbaijan to Georgia. J Econ Sci Theory Pract, 77(1)

  28. Mekhdiev ET (2018) Euro-Asian transport corridors and the Eurasian economic union. Int J Anal 2:47–56. https://doi.org/10.46272/2587-8476-2018-0-2-47-56

    Article  Google Scholar 

  29. Zhekenov D (2019) Central Asian transport corridors issue in the scientific literature. SSRN J. https://doi.org/10.2139/ssrn.3602268

    Article  Google Scholar 

  30. Tsindeliani I, Egorova M, Vasilyeva E, Bit-Shabo I, Kikavets V (2021) Collection of taxes from ultimate beneficiaries: russian regulatory model. accounting, economics, and law: a convivium.

  31. Tsindeliani IA, Lyutova O, Anisina K, Migacheva E, Lesina L (2021) Current trends in counteracting thin (insufficient) capitalization in the Russian legal system. Intertax 49(8–9):713–724

    Article  Google Scholar 

  32. Abdelaziz GAM (2020) Implementing administrative decisions by setting up a priority system for human interests. J Econ Sci Theory Pract, 77(2)

  33. Al-Nwaiqah MBA (2020) Theoretical foundations for the formation of administrative decisions. J Econ Sci Theory Pract 77(2)

  34. Simyan TS (2019) From biosphere to noosphere: theory and practice. Kritika Semiotika 1:173–197

    Google Scholar 

  35. Kunz P, Pospíšil R, Kroèil O (2018) Economic benefits of the sustainable public procurement law. J Econ Sci Theory Pract 75(1)

Download references

Acknowledgements

Gurgen Gukasyan has been supported by the RUDN University Strategic Academic Leadership Program. This article was prepared as part of the government contract as requested by the Ministry of Science and Higher Education of the Russian Federation on the subject formulated as “Structural changes in economy and society as a result of achieving the target indicators of National projects, which provide opportunities to organize new areas of social and economic activity, including commercial, both in Russia and abroad”. No. FSSW2020-0010.

Funding

This research did not receive any specific grant from funding agencies in the public, commercial, or not-for-profit sectors.

Author information

Authors and Affiliations

Authors

Contributions

VB and GG conceived the study and were responsible for the design and development of the data analysis. VB and GG were responsible for data collection and analysis. IO was responsible for data interpretation. VB wrote the first draft of the article.

Corresponding author

Correspondence to Valery Bezpalov.

Ethics declarations

Conflict of interest

The authors declare that they have no competing interests.

Rights and permissions

Reprints and permissions

About this article

Check for updates. Verify currency and authenticity via CrossMark

Cite this article

Bezpalov, V., Gukasyan, G. & Okhrimenko, I. Economic corridors in the context of the development of macroregions. Innov. Infrastruct. Solut. 7, 275 (2022). https://doi.org/10.1007/s41062-022-00848-2

Download citation

  • Received:

  • Accepted:

  • Published:

  • DOI: https://doi.org/10.1007/s41062-022-00848-2

Keywords

Navigation