Ports and Regional Development: A European Perspective
AbstractThis paper studies the impact of port activity on regional employment, analysing approximately 560 western European regions, including the largest OECD European ports (116 ports), from 2000-06. The empirical analysis is based on a set of employment equations using the Blundell and Bond (1998) GMM-System estimator that takes into account persistence effects in employment, regional unobserved time-invariant heterogeneity and endogeneity of port activity. Our main findings are (1) regional employment is positively correlated to port throughput, while the number of passengers is not; (2) the impact of port throughput on employment might depend on the institutional characteristics of each port, with private ports having the largest impact on regional employment of the host region if compared with those operating under different governance models (“Hanseatic”, “Latin”); (3) there is a higher impact of port throughput when liquid bulk is not considered; and (4) the main results are confirmed when service and manufacturing employment rather than total employment are considered.
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Bibliographic InfoPaper provided by OECD Publishing in its series OECD Regional Development Working Papers with number 2012/7.
Date of creation: 11 Sep 2012
Date of revision:
transportation; ports; regional development; regional growth;
Find related papers by JEL classification:
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
- L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R41 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Transportation: Demand, Supply, and Congestion
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-30 (All new papers)
- NEP-CSE-2012-09-30 (Economics of Strategic Management)
- NEP-GEO-2012-09-30 (Economic Geography)
- NEP-TRE-2012-09-30 (Transport Economics)
- NEP-URE-2012-09-30 (Urban & Real Estate Economics)
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