The paper
This paper develops measures of how different transport modes work together and relates them to Asia-Pacific trade. It highlights the role of logistics capability as well as physical infrastructure.
Research findings
- Better multimodal connectivity is associated with stronger trade; logistics services performance generally has the strongest relationship among the components examined.
- A modeled 5% improvement in multimodal connectivity raises APEC exports by about 4%, with gains differing across member economies.
Policy takeaways
- Plan transport investments as connected systems, including the links between road, sea, and air services.
- Combine infrastructure construction and maintenance with logistics skills, private-sector capability, and regulatory reform.