Discussion on Rainy Season Road Access and Poverty Alleviation in Laos

Authors

  • Inpaeng Sayvaya Department of Economics, Champasak University, Laos Author
  • Sounthone Phommason Department of Economics, National University of Laos, Laos Author

Keywords:

Road Access, Rainy Season, Poverty Alleviation, Economic Development

Abstract

The objective of this research is to assess the influence of road access during the rainy season on poverty alleviation in Lao PDR. Employing multiple regression analysis, the study investigates the extent to which road access impacts real expenditure per capita. The findings reveal a statistically significant positive relationship between road access during the rainy season and real expenditure per capita. This study underscores the pivotal role of road infrastructure in facilitating economic development and poverty reduction, particularly in rural areas of Lao PDR. Improved road access enables farmers to access urban markets throughout the year, thereby expanding agricultural production and enhancing productivity. Moreover, enhanced connectivity between rural and urban areas fosters trade and economic opportunities, contributing to poverty reduction efforts. The implications of these findings are particularly salient for regions such as the central part and Vientiane capital of Lao PDR, where investments in road infrastructure can yield substantial benefits in terms of poverty alleviation. Therefore, the study recommends that policymakers and private stakeholders prioritize investments in rural road development to strengthen linkages between rural communities and urban markets. By investing in road infrastructure, policymakers and private agencies can facilitate greater agricultural productivity, enhance market access for rural producers, and ultimately contribute to poverty reduction objectives in Lao PDR. This study underscores the importance of targeted investments in infrastructure as a means of fostering inclusive economic growth and improving livelihoods in developing countries like Lao PDR.

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Published

2023-12-01

Issue

Section

Articles

How to Cite

Sayvaya, I. ., & Phommason, S. . (2023). Discussion on Rainy Season Road Access and Poverty Alleviation in Laos. Journal of Business and Economic Options, 6(4), 1-7. http://resdojournals.com/index.php/jbeo/article/view/243