The Effects of Transport Improvements on Economy and Development: A Research in Example of Konya High-Speed Rail
Keywords:
High-speed Rail, Accessibility, Transport Improvement, Economic Growth, TurkeyAbstract
In the last two decades, a major question in “Economic Geography” has experienced that growth of regions is related to the scale and nature of transport infrastructure’s contribution to the broader economy. Since the effects of transport infrastructure investments has sought to go beyond direct benefits resulting from the reduction in transport costs, understanding of the general economic effects generated by changes in transport infrastructure quality has taken on greater importance. However, it has not been possible to reach a general consensus on the typology, magnitude and way of the mechanisms that operate in this relationship, although theoretical and practical discussions coincide with affirming the existence of causal mechanisms between transport infrastructure and economic activities. This causal relationship may have different economic effects due to the variability of the other factors that define the particular economic behaviour of each geographical area. Upon on an accessibility approach, this paper aims to identify and analyze the effects of transport infrastructure investment in economic growth at regional level in Turkey. In this study, Konya High Speed Rail (KHSR) providing fast access to and from major metropolises such as Ankara and Istanbul has been chosen as the case study since Konya has experienced significant economic developments, together with the high speed train connection.
Metrics
References
Andersson, M., & Karlsson, C. (2004). The Role of Accessibility for the Performance of Regional Innovation Systems. CESIS(09).
Ansar, A., Flyvbjerg, B., Budzier, A., & Lunn, D. (2016). Does infrastructure investment lead to economic growth or economic fragility? Evidence from China. Oxford Review of Economic Policy, 32(2), 360-390.
Aschauer, D. A. (1989). Does Public Capital Crowd Out Private Capital? Journal of Monetary Economics, 24(2), 171-88.
Aschauer, D. A. (1994). Public capital, productivity and macroeconomic performance: a literature review. En C. R. Hulten, D. A. Aschauer, & M. I. Nadiri, Infrasturcture In The 21st Century Economy (págs. 43-106). U.S. Army Corps of Engineers, Institute for Water Resources.
Banister, D., & Berechman, J. (2001). Transport investment and the promotion of economic growth. Journal of Transport Geography, 9(3), 209-218.
Barro, R. J. (1990). Government Spending in a Simple Model of Endogenous Growth.
Journal of Political Economy, 23, 103-125.
Bonanno, A., & Constance, D. H. (2001). Globalization, Fordism, and Post-Fordism in Agriculture and Food: A Critical Review of the Literature. Culture & Agriculture, 23(2), 1-18.
Canning, D., & Pedroni, P. (10 de Noviembre de 2004). The effect of infrastructure on long-run economic growth. Obtenido de https://web.williams.edu/Economics/wp/pedroniinfrastructure.pdf
Crescenzi, R., Di Cataldo, M., & Rodríguez-Pose, A. (2016). Government quality and the economic returns of transport infrastructure investment in european regions. Journal of Regional Science, 56(4), 555-582.
Fujita, M., & Thisse, J. (2002). Economics of Agglomeration, Cities, Industrial Location and Regional Growth. Cambridge: Cambridge University Press.
Geurs, K., & Van Eck, J. (2001). Accessibility measures: review and applications. National InstituteofPublicHealthandtheEnvironment.
Geurs, K., & Van Eck, J. (borrar). Accessibilitymeasures:reviewandapplications. National InstituteofPublicHealthandtheEnvironment,Bilthoven.
Graham, D. J. (2007). Agglomeration, production and transport investment. Transport economy policy, 41, 1-27.
Greene, & H., W. (2003). ECONOMETRIC ANALYSIS. New York: Prentice Hall.
Gutiérrez, J., Condeço-Melhorado, A., López, E., & Monzón, A. (2011). Evaluating th European added value of TEN-T projects: a methodological proposal based on spatial spillovers, accessibility and GIS. Transp. Geogr., 19, 840-850.
Handy, S., & Niemeier, D. (1997). Measuring accessibility: an exploration of issues and alternatives. Environ. Plan, 29, 1175-1194.
Haynes, R., Lovett, A., & Sünnenberg, G. (2003). Potential accessibility, travel time, and consumer choice: geographical variations in general medical practice registrations in Eastern England. Environ. Plan., 35, 1733-1750.
Hoyle, B. S. (1973). Transport and Development (1 b.). London and Basingstoke: Palgrave Macmillan UK.
Karlsson, C., & Gråsjö, U. (2013). Accessibility: a useful analytical and empirical tool in spatial economics – experiences from Sweden. CESIS(314).
Karlsson, C., Gråsjö, U., & Andersson, M. (2006). Regional Knowledge Accessibility and Regional Economic Growth. Working Paper Series in Economics and Institutions of Innovation - CESIS.
Knowles, R. D., & Ferbrache, F. (2016). Evaluation of wider economic impacts of light rail investment on cities. Journal of Transport Geography, 54, 430-439.
Kocherlakota, N., & Yi, K. (1992). The Long Run Effects of Government Policy on Growth Rates in the United States. University of Iowa: Mimeo.
Krugman, P. (1991a). Increasing Returns and Economic Geography. Journal of Political Economy, 99(31), 483-499.
Krugman, P. (1998). What´s new about the new economic geography. OXFORD REVIEW OF ECONOMIC POLICY, 14(2), 7-17.
Lakshmanan, T. R. (2011). The broader economic consequences of transport infrastructure investments. Journal of transport geography, 19, 1-12.
Ottoviano, G. (2008). Infrastructure and Economic Geography: An Overview of Evidence.
EIB papers, 13, 9-33.
Puga, D. (2002). European Regional Policies in the Light of Recent Location Theories.
Journal of Economic Geography, 2, 373-406.
Puga, D., & Venables, A. (1997). Preferential Trading Arrangements and Industrial Location. Journal of International Economics, 43, 347-368.
Rebelo, S. (1991). Long-Run Policy Analysis and Long-Run Growth. Journal of Political Economy, 99, 500-521.
Romer, P. (1986). Increasing Returns and Long-Run Growth. Journal of Political Economy, 94, 1002-10037.
Song, S. (1996). Some tests of alternative accessibility measures: a population density approach. LandEcon, 72, 474-482.
Stępniak, M., & Rosik, P. (2013). Accessibility improvement, territorial cohesion and spillovers: a multidimensional evaluation of two motorway sections in Poland. J. Transp. Geogr., 31, 154-163.
Venables, A. J., Laird, J., & Overman, H. (2014). Transport investment and economic performance: Implications for project appraisal. Paper commissioned by UK Department for Transport.
Vickerman, R. (1996). Location, accessibility and regional development: the appraisal of trans-European networks. Transport Policy, 2(4), 225-234.
Vives, X. (2001). "Globalización y localización." Nuevas Fronteras de la Política Económica. .
Centre de Recerca en Economía Internacional. Universitat Pompeu Fabra , 21-76.
Yu, N., De Jong, M., Storm, S., & MI, J. (2012). Transport Infrastructure, Spatial Clusters and Regional Economic Growth in China. Transport Reviews, 32, 3-28.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 Jonatan Gonzalez , Özer Karakayacı
This work is licensed under a Creative Commons Attribution 4.0 International License.
