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The Operation Of New Transportation Infrastructure And Regional Economic Efficiency: A Case Study Of High Speed Rail In Western Taiwan

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  • Chih Cheng CHEN

Abstract

This research explores the relationship between the operation of new transportation infrastructure and regional economic efficiency with specific case of Taiwan High Speed Rail (THSR) on regions in western Taiwan by using the annual data from 2004 to 2010 and applying the method of data envelopment analysis (DEA) and Tobit regression model. We discovered that the average EEs for these regions have been deteriorating since the initial operation of THSR in 2007, which indicate that the negative influences are more serious than the positives after THSR’s operation. Besides, we also found that the EEs for these regions has been improved shortly but worsened in a longer term according to the estimated results of Tobit regressions, which implies the construction of transportation infrastructure would not stimulate the regional economic development. We also find that the ratio of employees with college/university education and firm number with R&D activity in a region will stimulate its regional EE significantly.

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  • Chih Cheng CHEN, 2014. "The Operation Of New Transportation Infrastructure And Regional Economic Efficiency: A Case Study Of High Speed Rail In Western Taiwan," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 14(1), pages 179-194.
    • Handle: RePEc:eaa:eerese:v:14:y2014:i:1_13
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    Cited by:

    1. SMETANINA, Anastasia Igorevna & MOROZOVA, Irina Anatolievna, 2015. "Infrastructural Support Of Electronic Payment Systems Markets In Russia," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 15(1), pages 57-68.
    2. Mahmoudi, Reza & Emrouznejad, Ali & Shetab-Boushehri, Seyyed-Nader & Hejazi, Seyed Reza, 2020. "The origins, development and future directions of data envelopment analysis approach in transportation systems," Socio-Economic Planning Sciences, Elsevier, vol. 69(C).

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    More about this item

    Keywords

    transportation infrastructure; high speed railway; regional economic efficiency; data envelopment analysis; Tobit regression.;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • P25 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Urban, Rural, and Regional Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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