Transportation Infrastructure, Industrial Productivity, and Return on Investment

2013 ◽  
Vol 2345 (1) ◽  
pp. 109-116 ◽  
Author(s):  
Jeffrey J. Eloff ◽  
Oleg A. Smirnov ◽  
Peter S. Lindquist

This study examined the North American Industrial Classification System–based manufacturing industry (NAICS 31-33) from 1997 to 2010 in a cost-based framework. First, both profit and production function models were constructed and estimated for the U.S. manufacturing industry at the state level to allow for spatial spillovers and interactions. A model based on profit and production provided an alternative approach to the dual-cost function. Elasticities associated with infrastructure investment and industry total costs were determined by the inclusion of data on transportation infrastructure spending. Results of the spatial econometric models and the computed elasticities were then delivered in a geographic information system.

2018 ◽  
Vol 29 (4) ◽  
pp. 591-608 ◽  
Author(s):  
Scott J Cook ◽  
Seung-Ho An ◽  
Nathan Favero

Abstract Interdependence in the decision-making or behaviors of various organizations and administrators is often neglected in the study of public administration. Failing to account for such interdependence risks an incomplete understanding of the choices made by these actors and agencies. As such, we show how researchers analyzing cross-sectional or time-series-cross-sectional (TSCS) data can utilize spatial econometric methods to improve inference on existing questions and, more interestingly, engage a new set of theoretical questions. Specifically, we articulate several general mechanisms for spatial dependence that are likely to appear in research on public administration (isomorphism, competition, benchmarking, and common exposure). We then demonstrate how these mechanisms can be tested using spatial econometric models in two applications: first, a cross-sectional study of district-level bilingual education spending and, second, a TSCS analysis on state-level healthcare administration. In our presentation, we also briefly discuss many of the practical challenges confronted in estimating spatial models (e.g., weights specification, model selection, effects calculation) and offer some guidance on each.


2021 ◽  
pp. 004728752110082
Author(s):  
Yu-Hua Xu ◽  
Lori Pennington-Gray ◽  
Jinwon Kim

Safety is a major factor impacting consumers’ participation in peer-to-peer (P2P) economies. Using spatial econometric models, this study examined crime effects on the performance (RevPAR) of P2P lodgings at three spatial ranges: property, community, and destination level. The performance of P2P lodgings is negatively associated with crime densities, while the degree of the association varies by crime types and room types. Crime can “spill over” to the neighborhood and have the strongest impact at the community level, followed by the destination level and the property level. The study provides a way to understand tourism risks using criminology theories and the concept of social uncertainty. Empirically, the study provides implications to the governance of community-based lodging business. We suggest that the effect of crime on P2P lodging performance was more conditioned by the safety environment in its neighborhood and the whole destination, rather than individual business operations.


2021 ◽  
Vol 2 (2) ◽  
pp. 1-8
Author(s):  
Danylo Stonis

The article overviews approaches to the diversification of gas supplies in the framework of the Three Seas Initiative. The modern geopolitical situation in Eastern and Central Europe is characterized by transformation processes in the energy sector. Due to the implementation of decarbonization policy in the European Union and subsequent shift from coal as a main energy source, a need in alternative fuel sources, such as natural gas, emerges. Therefore, a significant increase in natural gas consumption is expected, which raises a number of issues, such as dependence on a single gas supplier and orientation of the EU’s gas transmission system in East-West direction only. This issue is crucial for Eastern and Central European states, due to the underdeveloped gas infrastructure in the region and heavy dependence on a single gas supplier, such as Russia or Turkey. Hence, the Three Seas Initiative is considered as a powerful tool, designed to develop energy, transport and digital infrastructure of the region in the North-South direction, where one of the most potentially promising projects within the framework of the Three Seas Initiative is represented by the development of gas infrastructure, aimed at solving the diversification of supplies in the gas market in Eastern and Central Europe. The implementation of developed gas infrastructure and diversification of gas supplies consists of several regional projects that are relevant for those countries in the region in which they are implemented in particular and for all member states of the Three Seas Initiative in general. The main purpose of the implementation of these projects is the creation of a unified natural gas transportation infrastructure in Eastern Europe along the North-South axis. The result of such a grand reorganization in the field of gas supplies to Europe will be an increase in the number of independent suppliers in the European gas market and a decrease in the dependence of the EU countries on gas supplies from Russia. In the article, the author traced in detail the tendency of the formation of energy infrastructure along the North-South axis with focus on the projects that are being implemented by each of the participating countries within the framework of the Three Seas Initiative. This approach allows to assess the scale and integrity of the gas transportation infrastructure, that is being created in the Eastern Europe region and its contribution to the common European energy security policy.


Author(s):  
Mehmet Akif Kara

It is noteworthy that there is a substantial literature review that examines the impact of transportation infrastructure on urban and regional economic performance. It is observed that such infrastructure investments are focused on the economic growth as well as the spillover effect in applied studies carried out in this respect. In this study, in which the effects of highway transportation infrastructure on urban output and the spillover effect of these investments are determined using the spatial econometric method, 81 cities in Turkey have been taken into consideration, and according to the results of the study, transportation infrastructure investments in Turkey have been found to contribute positively to urban output. Also, while the Moran's I test statistic reveals the spatial dependence of such investments, the Lagrange multiplier test results also determine the need to use the spatial error model. The spatial error model results reveal the existence of the positive spillover effect of transportation infrastructure investments.


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