Convergence in transportation measures across the EU-15

Convergence in transportation measures across the EU-15 This is the first study in the literature to investigate the convergence in transportation measures. To this end, we conjectured a transportation convergence equation and tested it via Difference GMM and System GMM methods, using 4-year span panel data from 15 European Union countries (EU-15) for the period 1970–2013. The results provide strong evidence for the existence of unconditional convergence among the EU-15 countries in two transportation measures, namely, inland freight transportation per capita, and inland passenger transportation per capita. The estimates show that the convergence is even stronger when control variables are used. We conclude that the income convergence of EU-15 in the process of economic integration is also strongly evident in the transportation sector. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Transportation Springer Journals

Convergence in transportation measures across the EU-15

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Publisher
Springer US
Copyright
Copyright © 2016 by Springer Science+Business Media New York
Subject
Economics; Regional/Spatial Science; Economic Geography; Engineering Economics, Organization, Logistics, Marketing; Innovation/Technology Management
ISSN
0049-4488
eISSN
1572-9435
D.O.I.
10.1007/s11116-016-9686-6
Publisher site
See Article on Publisher Site

Abstract

This is the first study in the literature to investigate the convergence in transportation measures. To this end, we conjectured a transportation convergence equation and tested it via Difference GMM and System GMM methods, using 4-year span panel data from 15 European Union countries (EU-15) for the period 1970–2013. The results provide strong evidence for the existence of unconditional convergence among the EU-15 countries in two transportation measures, namely, inland freight transportation per capita, and inland passenger transportation per capita. The estimates show that the convergence is even stronger when control variables are used. We conclude that the income convergence of EU-15 in the process of economic integration is also strongly evident in the transportation sector.

Journal

TransportationSpringer Journals

Published: Feb 24, 2016

References

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