Do Motorways Induce Wider Economic Benefits? Evidence from the Slovak Republic
Do Motorways Induce Wider Economic Benefits? Evidence from the Slovak Republic
Author(s): Vladimír Baláž, Dušana Dokupilová, Eduard NežinskýSubject(s): Economy, National Economy, Economic development, Socio-Economic Research
Published by: Ekonomický ústav SAV a Prognostický ústav SAV
Keywords: large transport infrastructures; regional development; impact assessment; quasi experimental designs; synthetic control method;
Summary/Abstract: This paper analyses wider economic and social impacts of motorways. It analyses the development of socioeconomic variables in the Slovak LAU 1 regions in the period 1997 – 2016. Difference in differences, panel regression with fixed effects, and synthetic control methods (SCM) are applied so as to identify potential long-run effects of motorways on regional economies and societies. The paper finds positive effects of motorways on wages, the number of firms, and internal migration. An SCM is the best procedure for measuring wider economic benefits of motorways when the number of treated units is low or there is only one treated unit.
Journal: Ekonomický časopis
- Issue Year: 66/2018
- Issue No: 05
- Page Range: 431-464
- Page Count: 34
- Language: English