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Ports And Local Development: Evidence From Italy

Author

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  • Claudio Ferrari
  • Marco Percoco
  • Andrea Tedeschi

Abstract

The role of infrastructure as an engine of growth and development of countries and regions is now widely accepted by scholars in the field. Among the various types of transport infrastructure, ports are considered as particularly strategic because of the increasing importance of maritime transport in connecting territories. In this paper we study the impact of ports on Italian provinces. To this end, we assume that sectoral employment is a function of a series of controls and of maritime traffic. We extend this framework to take account of selection bias as well, finding that the elasticity of service sector employment to maritime traffic is about 0.02.

Suggested Citation

  • Claudio Ferrari & Marco Percoco & Andrea Tedeschi, 2010. "Ports And Local Development: Evidence From Italy," Articles, International Journal of Transport Economics, vol. 37(1).
    • Handle: RePEc:jte:journl:2010:1:37:1
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