In this paper we analyze the impact of motorway networks on production for a panel of twenty one manufacturing and service sectors of eleven EU countries observed over the period 1980–2003. In particular, we analyze if the degree of regulation of the road transport sector affects the link between productivity and motorway infrastructures. Overall results suggest that output elasticity with respect to motorway is found to be lower for countries characterized by a high degree of entry barriers in the road transport sector. This result is found to be more evident for industries which rely more heavily on transport services.
The productive effect of transport infrstructure: does road transport liberalization matter?
CONTI, MAURIZIO;BOTTASSO, ANNA
2010-01-01
Abstract
In this paper we analyze the impact of motorway networks on production for a panel of twenty one manufacturing and service sectors of eleven EU countries observed over the period 1980–2003. In particular, we analyze if the degree of regulation of the road transport sector affects the link between productivity and motorway infrastructures. Overall results suggest that output elasticity with respect to motorway is found to be lower for countries characterized by a high degree of entry barriers in the road transport sector. This result is found to be more evident for industries which rely more heavily on transport services.
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