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Scientific paper - Original scientific paper
The macroeconomic effects of transport infrastructure on economic growth: the case of Central and Eastern E.U. member states
Economic Research-Ekonomska Istraživanja, 31 (2019), 1; 1953-1964. https://doi.org/10.1080/1331677X.2018.1523740
Vlahinić Lenz, Nela; Pavlić Skender, Helga; Zaninović, Petra Adelajda

Institutional repository: Repository of the University of Rijeka, Faculty of Economics and Business

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Vlahinić Lenz, N., Pavlić Skender, H. & Zaninović, P. A. (2019). The macroeconomic effects of transport infrastructure on economic growth: the case of Central and Eastern E.U. member states. Economic Research-Ekonomska Istraživanja, 31. (1), 1953-1964. doi: 10.1080/1331677X.2018.1523740

Vlahinić Lenz, Nela, et al. "The macroeconomic effects of transport infrastructure on economic growth: the case of Central and Eastern E.U. member states." Economic Research-Ekonomska Istraživanja, vol. 31, no. 1, 2019, pp. 1953-1964. https://doi.org/10.1080/1331677X.2018.1523740

Vlahinić Lenz, Nela, Helga Pavlić Skender and Petra Adelajda Zaninović. "The macroeconomic effects of transport infrastructure on economic growth: the case of Central and Eastern E.U. member states." Economic Research-Ekonomska Istraživanja 31, no. 1 (2019): 1953-1964. https://doi.org/10.1080/1331677X.2018.1523740

Vlahinić Lenz, N., Pavlić Skender, H. and Zaninović, P. A. (2019) 'The macroeconomic effects of transport infrastructure on economic growth: the case of Central and Eastern E.U. member states', Economic Research-Ekonomska Istraživanja, 31(1), pp. 1953-1964. doi: 10.1080/1331677X.2018.1523740

Vlahinić Lenz N, Pavlić Skender H, Zaninović PA. The macroeconomic effects of transport infrastructure on economic growth: the case of Central and Eastern E.U. member states. Economic Research-Ekonomska Istraživanja [Internet]. 2019 February 13 [cited 2024 July 11];31(1):1953-1964. doi: 10.1080/1331677X.2018.1523740

N. Vlahinić Lenz, H. Pavlić Skender and P. A. Zaninović, "The macroeconomic effects of transport infrastructure on economic growth: the case of Central and Eastern E.U. member states", Economic Research-Ekonomska Istraživanja, vol. 31, no. 1, pp. 1953-1964, February 2019. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:192:884821. [Accessed: 11 July 2024]

Metadata
Title (english)The macroeconomic effects of transport infrastructure on economic growth: the case of Central and Eastern E.U. member states
AuthorNela Vlahinić Lenz
AuthorHelga Pavlić Skender
AuthorPetra Adelajda Zaninović
Author's institutionUniversity of Rijeka
Faculty of Economics and Business
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Macroeconomics
Abstract (english)
This paper empirically investigates the effects of transport infrastructure on economic growth in Central and Eastern European Member States (C.E.M.S.) in the period 1995–2016. During the transition period in C.E.M.S., most investments were focused on the roads, while railways have been lagging for decades. The aim of this paper is to estimate the effects of transport infrastructure (road and rail) on economic growth while controlling with other variables such as population growth, gross fixed capital formation and trade openness. We use panel data analysis with three standard estimators: pooled ordinary least squares, fixed effects and random effects. The results show positive effects in case of all estimated variables, except the railway infrastructure where the effects seem to be negative. The results illustrate the long-standing problem of inefficient and outdated railway infrastructure. These results should be seen in a broader context, especially in the light of the ongoing desire to reduce CO2 emissions that are to a large extent produced by road transport, while railway transport is more environmentally friendly. This paper supports the European Union’s guidelines for the need to invest in railway infrastructure to ensure effective transport in the long term, create competitive advantages, reduce greenhouse gas emissions and thus simulate sustainable economic growth in C.E.M.S.
Keywords (english)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review - international
Publication versionPublished version
Journal titleEconomic Research-Ekonomska Istraživanja
Numberingvol. 31, no. 1, pp. 1953-1964
p-ISSN1331-677X
e-ISSN1848-9664
DOIhttps://doi.org/10.1080/1331677X.2018.1523740
URN:NBNurn:nbn:hr:192:884821
Publication2019-02-13
Document URLhttps://www.tandfonline.com/doi/full/10.1080/1331677X.2018.1523740
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2024-06-06 09:17:47