The impact of transportation infrastructure on economic growth: empirical evidence from Pakistan

Mohmand, Yasir Tariq; Ai-hu, Wang; Saeed, Abubakr

doi:10.1080/19427867.2016.1165463

Cited by 105 publications

(69 citation statements)

References 27 publications

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“…Further, we noticed a unidirectional causal relation running from GDPC to investments in road transport infrastructure, as well as a unidirectional causal relation running from GDPC to CO 2 _road, consistent with [95]. In the long-run, causal links ran from Length_motorways, Inv_roads, and CO 2 _road to GDPC, from GDPC to Inv_roads, similar to [78], and from Length_motorways, CO 2 _road to Inv_roads.…”

Section: Cointegration and Causality Examinationsupporting

confidence: 70%

“…As well, it was established that private sector investment in the transport sector and disposal of rail infrastructure lessen transport CO 2 emissions [77]. For Pakistan, Mohmand et al [78] revealed no causal link in the short run between economic growth and transportation infrastructure, but a unidirectional causality from economic development to infrastructure investment in the long run. Yang et al [79] established that urban transportation investment increases emissions in the short run because it might determine road jams that would heighten the emissions of the low-speed traffic, but in the long run, the urban transportation investment exhibits a positive influence on decreasing emissions since it could extend the roads and make the traffic system more accessible.…”

Section: Transport Infrastructure Investments and Economic Growthmentioning

confidence: 99%

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

et al. 2018

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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 CO 2 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 addition, a bidirectional short-run link occurred between carbon dioxide emissions from railway transport and GDPC, whereas unidirectional relations with economic growth were identified in the case of carbon dioxide emissions from road and domestic aviation. In the long-run, a bidirectional causal relation was noticed between the length of the railways lines, investments in railway transport infrastructure, and GDPC, as well as a two-way causal link between the gross weight of seaborne goods handled in ports and GDPC.

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Section: Cointegration and Causality Examinationsupporting

confidence: 70%

Section: Transport Infrastructure Investments and Economic Growthmentioning

confidence: 99%

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

et al. 2018

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“…Transportation networks have enormous impacts on national economic and social activities [1,2]. As argued by Alderighi et al [3], the structure of a network shapes operational strategy and service quality of the system.…”

Section: Introductionmentioning

confidence: 99%

Characterizing the Structure of the Railway Network in China: A Complex Weighted Network Approach

Cao

Feng

Jia

et al. 2019

Journal of Advanced Transportation

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Understanding the structure of the Chinese railway network (CRN) is crucial for maintaining its efficiency and planning its future development. To advance our knowledge of CRN, we modeled CRN as a complex weighted network and explored the structural characteristics of the network via statistical evaluations and spatial analysis. Our results show CRN as a small-world network whose train flow obeys power-law decaying, demonstrating that CRN is a mature transportation infrastructure with a scale-free structure. CRN also shows significant spatial heterogeneity and hierarchy in its regionally uneven train flow distribution. We then examined the nodal centralities of CRN using four topological measures: degree, strength, betweenness, and closeness. Nodal degree is positively correlated with strength, betweenness, and closeness. Unlike the common feature of a scale-free network, the most connected nodes in CRN are not necessarily the most central due to underlying geographical, political, and socioeconomic factors. We proposed an integrated measure based on the four centrality measures to identify the global role of each node and the multilayer structure of CRN and confirm that stable connections hold between different layers of CRN.

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“…It is known as more vital part of any corporations. There is a negative association between politically connected firms and operational efficiency due to unnecessary employment [7].…”

Section: Introductionmentioning

confidence: 99%

A Study of Impact Mechanism of Political Connection on Enterprise PerformanceBased On the Perspective of Agency Theory

2019

JHSS

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The crucial role of every firm to enhance the profit and make a good reputation in the corporate world. All the previous evidence elucidates prove that political connections have the main role to eradicate the market competition and speculations. These are considered are known as a dominant player in the area of business. Most of the researchers argue that these are degree of the intense growth of corporations. Arguably, it is the unique opportunity to raise capital of the corporations. All these evidence prove that political connections are considered unanimously support for increasing the performance. Prior researchers prove that it is most conspicuously way to forgo enhance the progress. They can gain the lucrative contracts to enhance the firms. Sometime, it is a glimmer of hope that in future, these will be more beneficial rather than others peer

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The impact of transportation infrastructure on economic growth: empirical evidence from Pakistan

Cited by 105 publications

References 27 publications

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

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

Characterizing the Structure of the Railway Network in China: A Complex Weighted Network Approach

A Study of Impact Mechanism of Political Connection on Enterprise PerformanceBased On the Perspective of Agency Theory

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