Title: The impact of international transport corridors on the economic development of regions (on the example of the Kazakhstani railway corridor)

Authors: Zhanarys Sabirovich Raimbekov; Bakyt Uzakbayevna Syzdykbayeva; Kamshat Pazilbekovna Mussina; Zhanar Abdirayevna Dulatbekova; Bekzhan Yerlanovich Sadykov; Assem Serikovna Baktymbet

Addresses: Department of Economics, L.N. Gumilyov Eurasian National University, 2 Satpaev St., Nur-Sultan, 010010, Kazakhstan; Department of Business, Kazakh University of Economics, Finance and International Trade, 7 Zhubanov St., Nur-Sultan, 010005, Kazakhstan ' Department of Economics, L.N. Gumilyov Eurasian National University, 2 Satpaev St., Nur-Sultan, 010010, Kazakhstan ' Department of Economics, L.N. Gumilyov Eurasian National University, 2 Satpaev St., Nur-Sultan, 010010, Kazakhstan ' Department of Economics, L.N. Gumilyov Eurasian National University, 2 Satpaev St., Nur-Sultan, 010010, Kazakhstan ' Department of Economics, L.N. Gumilyov Eurasian National University, 2 Satpaev St., Nur-Sultan, 010010, Kazakhstan ' Department of Business, Kazakh University of Economics, Finance and International Trade, Nur-Sultan, St. Zhubanov 7, 010005, Kazakhstan

Abstract: Transport corridors are subject to risks from the ambiguity of such a key conceptual issue as the influence of transport corridors on the development of the economies of the regions located along them. This empirical study establishes an interactive statistical relationship between indicators of the international transport corridor development, which runs through certain regions of the country, and the economic development of these regions. Multidimensional regression analysis is used to determine the significant economic factors affecting the development of the transport corridor, as well as determining the indicators of the transport corridor that affect the development of the regional economy. The established relationships and factors that reflect the interdependence of indicators of socio-economic development of the region and the infrastructure of the international transport corridor can have a significant impact on economic growth and bilateral development, which must be taken into account when planning investment and transport policies.

Keywords: international transport corridor; transport infrastructure; economic growth; econometric model; economic influence; regional development.

DOI: 10.1504/IJEPEE.2022.120064

International Journal of Economic Policy in Emerging Economies, 2022 Vol.15 No.1, pp.46 - 69

Received: 08 Jun 2019
Accepted: 10 Mar 2020
Published online: 06 Jan 2022 *

Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article