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Maritime connectivity, transport infrastructure expansion and economic growth: A global perspective

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  • Li, Weijun
  • Bai, Xiwen
  • Yang, Dong
  • Hou, Yao

Abstract

Improving transport connectivity has become increasingly significant to international trade research and transport policy agendas. Little has been done so far to investigate the direct association between maritime connectivity and economic growth, let alone the exact effect magnitude. As the connection between ports, local economies, and global logistics networks becomes ever closer, the economic role of port connectivity deserves closer attention. This paper uses the Panama Canal expansion as a quasi-natural experiment, and proposes a dynamic difference-in-differences (DID) method for making causal inferences about the impact of port connectivity on regional economic growth.

Suggested Citation

  • Li, Weijun & Bai, Xiwen & Yang, Dong & Hou, Yao, 2023. "Maritime connectivity, transport infrastructure expansion and economic growth: A global perspective," Transportation Research Part A: Policy and Practice, Elsevier, vol. 170(C).
    • Handle: RePEc:eee:transa:v:170:y:2023:i:c:s0965856423000290
    DOI: 10.1016/j.tra.2023.103609
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