Abstract

AbstractThe relationship between economic growth and transport sector is an important and popular topic for researchers, but it also has several untapped areas. To ensure continuous economic growth, it is necessary to answer how and to what extent economic sectors contribute to sustainability; what factors or sets of factors can determine freight performance in a country or region; and how it affects the global economy. This study aims to test the presence of spatial dependence. In this research, the authors looked for the spatial relationships between economic activity (GDP) and freight transport performance using spatial econometric models. The results showed that the spatial impact of freight transport performance and GDP significantly influence each other. The intensity calculation shows that the Baltic States have a high intensity in road freight transport, followed by the Central European region. Eastern Europe, including Russia and the Baltics, are prominent players in rail freight. Furthermore, the spatial econometric models have highlighted that a country with high GDP has some sort of "suction" effect on neighbouring countries with lower GDP along with the freight performance. This is especially true for rail freight. In the long run, the outlined results may even support strategic decision-makers in managing the economic impacts of both road and rail freight transport at the regional level.

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