Konferenzbeitrag

TEN-T Corridors – Stairway to Heaven or Highway to Hell?

The European Union coordinates and co-finances supra-national transport infrastructure investments in the Trans-European Transport Network (TEN-T) which consist of road, rail, airport, and port infrastructure. To the best of our knowledge, we are the first to quantify the direct and indirect economic growth effects of newly created TEN-T core corridor roads in Eastern European countries. Both the panel data and the spatial analyses show that regional GDP growth at the NUTS3 level is between 0.4 and 2.4 percentage points higher, if a region has direct access to a newly built road. The analyses with a spatial Durbin model (SDM), for which we use three differently specified spatial weight matrices, show that the new construction of a TEN-T core road also causes positive spillover effects on adjacent regions, as well as on regions that are connected by the same corridor section. The results thus indicate that the TEN-T policy, which aims to alleviate transport bottlenecks, can help to increase cohesion between central and peripheral regions and consequently to enhance regional welfare in Eastern Europe.

Language
Englisch

Bibliographic citation
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2019: 30 Jahre Mauerfall - Demokratie und Marktwirtschaft - Session: International Economics II ; No. G09-V2

Classification
Wirtschaft
Transportation Economics: Government and Private Investment Analysis; Road Maintenance, Transportation Planning
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Subject
transport infrastructure
TEN-T corridors
supra-national infrastructure investment
spatial Durbin model

Event
Geistige Schöpfung
(who)
Goldmann, Kathrin
Wessel, Jan
Event
Veröffentlichung
(who)
ZBW - Leibniz-Informationszentrum Wirtschaft
(where)
Kiel, Hamburg
(when)
2019

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Goldmann, Kathrin
  • Wessel, Jan
  • ZBW - Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2019

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