Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges | |
Deng, Taotao | |
刊名 | TRANSPORT REVIEWS |
2013-11 | |
卷号 | 33期号:6页码:686-699 |
关键词 | transport infrastructure productivity economic growth output elasticity |
ISSN号 | 0144-1647 |
DOI | 10.1080/01441647.2013.851745 |
英文摘要 | The paper provides an update of the survey focusing on estimating the contribution of transport infrastructure to productivity and economic growth. The central questions addressed are possible reasons behind the conflicting results reported in the literature on the elasticity of economic output with respect to transport infrastructure investment. After providing a systematic review of recent empirical studies on the effects of transport infrastructure on productivity and economic growth, the paper notes that controversial results can be attributed to ten causes (grouped into three categories for distinguishing): (1) related to different contexts: research period, geographical scales, and country's capability in enabling economic development; (2) related to different phenomena that are being measured: different economic sectors, different types of transport infrastructure, and different quality levels of transport infrastructure; and (3) related to distinct ways of measuring a similar phenomenon: measures used to describe the dependent variable and explanatory variable, functional specification, and estimation method of the econometric model. Strong network externalities of transport infrastructure may result in nonlinearity of the relationship between transport infrastructure and economic growth. Moreover, the absence of spatial concerns in infrastructure's impacts is another important source of inconclusive results. Finally, building on recent literature, the paper has discussed policy implications and identified several research avenues for further research. |
WOS研究方向 | Transportation |
语种 | 英语 |
出版者 | TAYLOR & FRANCIS LTD |
WOS记录号 | WOS:000327422100004 |
内容类型 | 期刊论文 |
源URL | [http://10.2.47.112/handle/2XS4QKH4/1901] |
专题 | 上海财经大学 |
通讯作者 | Deng, Taotao |
作者单位 | Shanghai Univ Finance & Econ, Sch Urban & Reg Sci, Shanghai 200433, Peoples R China |
推荐引用方式 GB/T 7714 | Deng, Taotao. Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges[J]. TRANSPORT REVIEWS,2013,33(6):686-699. |
APA | Deng, Taotao.(2013).Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges.TRANSPORT REVIEWS,33(6),686-699. |
MLA | Deng, Taotao."Impacts of Transport Infrastructure on Productivity and Economic Growth: Recent Advances and Research Challenges".TRANSPORT REVIEWS 33.6(2013):686-699. |
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