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The Impact of Railway Transport on the Socioeconomic Development of Territories

Author

Listed:
  • Sergey Ivanovich Kravchenko

    (Financial University under the Government of the Russian Federation)

  • Vyacheslav Valentinovich Dementiev

    (Financial University under the Government of the Russian Federation)

Abstract

Recent studies in the field of socioeconomic development of the country’s regions show high intensity and versatility, but they do not sufficiently assess the transformation of territories in conjunction with the functioning of railway transport, as an important element in ensuring sustainable growth. The content of the work is aimed at establishing the impact of rail transport on the socio-economic development of regions. The theoretical provisions of the spatial economy constitute the methodological basis of the study. The research methods are bibliometric analysis, in particular the analysis of the frequency of using keywords (co-occurrence analysis), methods of comparative, correlation and regression analysis. The empirical basis of the study includes publications indexed by the Scopus database, as well as official statistical information on the functioning of railway transport and the level of socioeconomic development of the territories, which Russian Railways operates, for the period 2010–2020. The initial data were processed using VOSviewer 1.6.18, EViews 13, Stata/MP 14.2. The article tests the assumption that there is a correlation between the results of railway transport and gross regional product as a characteristic of the socio-economic development of the regions of the Russian Federation. The approach involves checking the cross-dependence and stationarity of variables, performing a Pedroni and Kao panel cointegration analysis, estimating the parameters of the cointegrating regression, and conducting a Dumitrescu – Hurlin causality panel analysis. The research results empirically substantiate the existence of long-term, bidirectional and unidirectional causal relationships between the parameters of the functioning of the railway transport and GRP

Suggested Citation

  • Sergey Ivanovich Kravchenko & Vyacheslav Valentinovich Dementiev, 2023. "The Impact of Railway Transport on the Socioeconomic Development of Territories," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 2, pages 47-69.
    • Handle: RePEc:far:spaeco:y:2023:i:2:p:47-69
    DOI: https://dx.doi.org/10.14530/se.2023.2.047-069
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    More about this item

    Keywords

    railway transport; socio-economic development; region; bibliometric analysis; panel data; modeling;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation

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