Sustainability | VOL. 10
Read

Empirical Evidence from EU-28 Countries on Resilient Transport Infrastructure Systems and Sustainable Economic Growth

Publication Date Aug 16, 2018

Abstract

This paper examines the nexus between the main forms of transport, related investments, specific air pollutants, and sustainable economic growth. The research is important since transport may act as a facilitator of social, economic, and environmental development. Based on data retrieved from Eurostat, Organisation for Economic Co-operation and Development (OECD), and World Bank, the output of fixed-effects regressions for EU-28 countries over 1990–2016 reveals that road, inland waterways, maritime, and air transport infrastructure positively influence gross domestic product per capita (GDPC), though a negative link occurred in the case of railway transport. As concerning investments in transport infrastructure, the empirical results exhibit a positive impact on economic growth for every type of transport, except inland waterways. Besides, emissions of CO2 from all kind of transport, alongside other specific air pollutants, negatively influence GDPC. The fully modified and dynamic ordinary least squares panel estimation results reinforce the findings. Further, in the short-run, Granger causality based on panel vector error correction model pointed out a unidirectional causal link running from sustainable economic growth to inland waterways and maritime transport of goods, albeit a one-way causal link running from the volume of goods transported by air to GDPC. As well, the empirical results provide support one-way short-run links running from GDPC to investments in road and inland waterway transport infrastructure. In additi...

Concepts
Powered ByUnsilo

Gross Domestic Product Per Capita
Investments In Transport Infrastructure
Specific Air Pollutants
Inland Waterways
Panel Vector Error Correction Model
Transport Infrastructure
Sustainable Economic Growth
Organisation For Economic Co-operation And Development
Organisation For Economic Co-operation
Railway Transport Infrastructure

Introducing Weekly Round-ups!Beta

Powered by R DiscoveryR Discovery

Round-ups are the summaries of handpicked papers around trending topics published every week. These would enable you to scan through a collection of papers and decide if the paper is relevant to you before actually investing time into reading it.

Climate change Research Articles published between May 09, 2022 to May 15, 2022

R DiscoveryMay 16, 2022
R DiscoveryArticles Included:  2

Introduction: Climate change is a pervasive threat to global biodiversity and is expected to have profound effects on the resilience and abundance of ...

Read More

Climate change Research Articles published between May 02, 2022 to May 08, 2022

R DiscoveryMay 09, 2022
R DiscoveryArticles Included:  2

We studied the fungal DNA present in a lake sediment core obtained from Trinity Peninsula, Hope Bay, north-eastern Antarctic Peninsula, using metabarc...

Read More

Climate change Research Articles published between Apr 25, 2022 to May 01, 2022

R DiscoveryMay 02, 2022
R DiscoveryArticles Included:  5

Introduction: Climate change and flooding events in South Ontario Climate change is altering climate patterns and adding pressure to climate systems a...

Read More

Climate change Research Articles published between Apr 18, 2022 to Apr 24, 2022

R DiscoveryApr 25, 2022
R DiscoveryArticles Included:  5

Introduction: Climate change triggers stark effects on species geographic ranges, leading to range shifts and disruptions in the functioning of ecosys...

Read More

Good health Research Articles published between Apr 18, 2022 to Apr 24, 2022

R DiscoveryApr 25, 2022
R DiscoveryArticles Included:  4

This study reviews the contributions made by each article in the theme issue with reference to case study examples of contemporary corporate social re...

Read More

Coronavirus Pandemic

You can also read COVID related content on R COVID-19

R ProductsCOVID-19

ONE PROBLEM . ONE PURPOSE . ONE PLACE

Creating the world’s largest AI-driven & human-curated collection of research, news, expert recommendations and educational resources on COVID-19

COVID-19 Dashboard