Analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance (2007-2016).

The development of transport infrastructure is a key element for increasing competitiveness, as it reduces the distance effect and freight transport costs, allowing the generation of efficiencies in market integration. This descriptive study uses a comparative methodology, taking as variables the in...

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Main Authors: Raúl Alberto Cortés Villafradez, Nicolas de la Peña Cárdenas
Format: Article
Language:English
Published: Universidad Católica de Colombia 2019-07-01
Series:Revista Finanzas y Política Económica
Subjects:
Online Access:https://revfinypolecon.ucatolica.edu.co/article/view/2209
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author Raúl Alberto Cortés Villafradez
Nicolas de la Peña Cárdenas
author_facet Raúl Alberto Cortés Villafradez
Nicolas de la Peña Cárdenas
author_sort Raúl Alberto Cortés Villafradez
collection DOAJ
description The development of transport infrastructure is a key element for increasing competitiveness, as it reduces the distance effect and freight transport costs, allowing the generation of efficiencies in market integration. This descriptive study uses a comparative methodology, taking as variables the indicators of global competitiveness of the member countries of the Pacific Alliance during the period 2007-2016. The analysis of the results shows a weak trend in the infrastructure development of the Pacific Alliance group and a notable asymmetry among the member countries. There is a need for an individual strategy in each country that is in line with the objectives of trade integration in Asia. Another finding suggests that the achievement of better indicators depends on other significant variables and on the way in which the costs of transport infrastructure investments are passed on to agents who move freight.
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spelling doaj.art-192e290610fd4104bcb6ceff6ff5b18f2023-12-02T02:43:04ZengUniversidad Católica de ColombiaRevista Finanzas y Política Económica2248-60462011-76632019-07-0111210.14718/revfinanzpolitecon.2019.11.2.4Analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance (2007-2016).Raúl Alberto Cortés Villafradez0Nicolas de la Peña Cárdenas1Universidad Jorge Tadeo LozanoUniversidad de La SalleThe development of transport infrastructure is a key element for increasing competitiveness, as it reduces the distance effect and freight transport costs, allowing the generation of efficiencies in market integration. This descriptive study uses a comparative methodology, taking as variables the indicators of global competitiveness of the member countries of the Pacific Alliance during the period 2007-2016. The analysis of the results shows a weak trend in the infrastructure development of the Pacific Alliance group and a notable asymmetry among the member countries. There is a need for an individual strategy in each country that is in line with the objectives of trade integration in Asia. Another finding suggests that the achievement of better indicators depends on other significant variables and on the way in which the costs of transport infrastructure investments are passed on to agents who move freight.https://revfinypolecon.ucatolica.edu.co/article/view/2209competitivenessexportsfreight costinvestmentpacific alliancetransport infrastructure
spellingShingle Raúl Alberto Cortés Villafradez
Nicolas de la Peña Cárdenas
Analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance (2007-2016).
Revista Finanzas y Política Económica
competitiveness
exports
freight cost
investment
pacific alliance
transport infrastructure
title Analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance (2007-2016).
title_full Analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance (2007-2016).
title_fullStr Analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance (2007-2016).
title_full_unstemmed Analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance (2007-2016).
title_short Analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance (2007-2016).
title_sort analysis of transport infrastructure development and competitiveness in the member countries of the pacific alliance 2007 2016
topic competitiveness
exports
freight cost
investment
pacific alliance
transport infrastructure
url https://revfinypolecon.ucatolica.edu.co/article/view/2209
work_keys_str_mv AT raulalbertocortesvillafradez analysisoftransportinfrastructuredevelopmentandcompetitivenessinthemembercountriesofthepacificalliance20072016
AT nicolasdelapenacardenas analysisoftransportinfrastructuredevelopmentandcompetitivenessinthemembercountriesofthepacificalliance20072016