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Traffic Accessibility and the Effect on Firms and Population in 99 Austrian Regions

Author

Listed:
  • Polasek, Wolfgang

    (Department of Economics and Finance, Institute for Advanced Studies, Vienna, Austria)

  • Schwarzbauer, Wolfgang

    (Department of Economics and Finance, Institute for Advanced Studies, Vienna, Austria)

Abstract

In this paper we describe the EAR (regional economic accessibility) model to investigate the impact of the improvement of railroad infrastructure on regional GDP, population and firms growth in 99 Austrian regions. We evaluate the impact of four potential railroad infrastructure investment projects on the accessibility of Austrian regions, which is used to forecast future growth of these regions. Regional performance is measured by four variables, gross regional product, number of firms, population size, and employment. Eventually a ranking of these four projects is carried out for the first ten years of operation of the four potential investment projects. We show that the improvement of train accessibility has different impacts on regions with high and low overall performance.

Suggested Citation

  • Polasek, Wolfgang & Schwarzbauer, Wolfgang, 2006. "Traffic Accessibility and the Effect on Firms and Population in 99 Austrian Regions," Economics Series 198, Institute for Advanced Studies.
    • Handle: RePEc:ihs:ihsesp:198
    as

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    File URL: https://irihs.ihs.ac.at/id/eprint/1738
    File Function: First version, 2006
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    References listed on IDEAS

    as
    1. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-499, June.
    2. Polasek, Wolfgang & Berrer, Helmut, 2005. "Regional Growth in Central Europe. Long-term Effects of Population and Traffic Structure," Economics Series 172, Institute for Advanced Studies.
    3. Baldwin, Richard E. & Krugman, Paul, 2004. "Agglomeration, integration and tax harmonisation," European Economic Review, Elsevier, vol. 48(1), pages 1-23, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Evaluation of infrastructure projects; Long-term regional forecasts; Accessibility and traffic analysis; Ranking;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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