Investment in transport infrastructure can improve a country’s growth prospects by facilitating trade. This column reports the findings of research on the impact of a major programme of road upgrades in Turkey from the early 2000s, which converted many two-lane undivided roads into dual carriageways. Trade both within the country and with other countries has benefited significantly from these improvements.
Kerem CoşarUniversity of Virginia
Dr. Kerem Cosar is an Associate Professor of Economics at the University of Virginia and a research affiliate of the Centre for Economic Policy Research (CEPR) and CESifo. He received his PhD at Penn State.