DO MOTORWAYS INDUCE WIDER ECONOMIC BENEFITS? EVIDENCE FROM THE SLOVAK REPUBLIC

• Authors: Baláž Vladimír , Dokupilová Dušana , Nežinský Eduard
• Languages of publication: EN

Abstracts

EN

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.

Keywords

EN

TRANSPORT INFRASTRUCTURE; DEVELOPMENT; MOTORWAY; SLOVAKIA; SYNTHETIC CONTROL METHOD

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2018
• Volume: 66
• Issue: 5
• Pages: 431 – 464

Contributors

author

Baláž Vladimír

• Institute for Forecasting, Slovak Academy of Sciences, Šancová 56, 813 64 Bratislava, Slovak Republic

author

Dokupilová Dušana

author

Nežinský Eduard