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Efficiency of transport infrastructure and ICT development


  • Yoon, Chang-Ho
  • Na, Kyoung-Youn


This study examines the impact of ICT growth on the productivity effects of transportation infrastructure. Using dynamic panel data of OECD member countries, the study finds econometrically meaningful results on examining the complementarity between ICT and transportation infrastructures. The network effect of growth of motorway infrastructure in advanced countries tends to accelerate when the ICT network grows beyond a certain threshold level.

Suggested Citation

  • Yoon, Chang-Ho & Na, Kyoung-Youn, 2013. "Efficiency of transport infrastructure and ICT development," 24th European Regional ITS Conference, Florence 2013 88526, International Telecommunications Society (ITS).
  • Handle: RePEc:zbw:itse13:88526

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    References listed on IDEAS

    1. Lars-Hendrik Roller & Leonard Waverman, 2001. "Telecommunications Infrastructure and Economic Development: A Simultaneous Approach," American Economic Review, American Economic Association, vol. 91(4), pages 909-923, September.
    2. Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
    3. Jung, Hyun-Joon & Na, Kyoung-Youn & Yoon, Chang-Ho, 2013. "The role of ICT in Korea’s economic growth: Productivity changes across industries since the 1990s," Telecommunications Policy, Elsevier, vol. 37(4), pages 292-310.
    4. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters,in: Schooling, Experience, and Earnings, pages 1-4 National Bureau of Economic Research, Inc.
    5. Harrison, Ann, 1996. "Openness and growth: A time-series, cross-country analysis for developing countries," Journal of Development Economics, Elsevier, vol. 48(2), pages 419-447, March.
    6. Daniel Cohen & Marcelo Soto, 2007. "Growth and human capital: good data, good results," Journal of Economic Growth, Springer, vol. 12(1), pages 51-76, March.
    7. John G. Fernald, 1999. "Roads to Prosperity? Assessing the Link between Public Capital and Productivity," American Economic Review, American Economic Association, vol. 89(3), pages 619-638, June.
    8. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, January.
    9. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Oxford University Press, vol. 58(2), pages 277-297.
    10. Kyoung-Youn Na & Chirok Han & Chang-Ho Yoon, 2013. "Network effect of transportation infrastructure: a dynamic panel evidence," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 50(1), pages 265-274, February.
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    Cited by:

    1. Havard Halland & John Beardsworth & Bryan Land & James Schmidt, 2014. "Resource Financed Infrastructure : A Discussion on a New Form of Infrastructure Financing
      [Infrastructures financées par des ressources naturelles : Examen d'un nouveau mode de financement des infr
      ," World Bank Publications, The World Bank, number 18554.

    More about this item


    Intelligent Transport System; ICT convergence; productivity growth; complementarity;

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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