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Title: Impact of Transport Infrastructure on Firm Formation: Evidence from Portuguese Municipalities
Accession Number: 01157006
Record Type: Component
Record URL: Availability: Transportation Research Board Business Office 500 Fifth Street, NW Find a library where document is available Abstract: This paper investigates the relationship between the availability of transport infrastructure and new plant openings in Portugal. The paper estimates an econometric model that uses plant-level data and geographic information systems to test whether denser motorway and railway networks have a positive effect on the formation of firms in Portuguese municipalities for various sectors of the economy. In addition to a study of the role of the own-municipality transport infrastructure, tests for the presence of spatial spillovers from the transport infrastructure were also conducted. The results suggest that both the railway and the motorway networks act as determinants of new plant openings. Expanding the local municipality railway and motorway networks by 10% can produce an increase in new plant openings from 0.9% to 2.7% and 0.7% to 2.6%, respectively. Positive spatial spillover effects from the transport infrastructure were also found: improving the motorway and railway networks of neighboring municipalities by 10% increases plant openings by from 2.7% to 5.1% and 2.4% to 6.7%, respectively.
Monograph Title: Monograph Accession #: 01220430
Report/Paper Numbers: 10-2102
Language: English
Authors: Melo, Patricia CGraham, Daniel JNoland, Robert BPagination: pp 133-143
Publication Date: 2010
ISBN: 9780309142939
Media Type: Print
Features: Figures
(2)
; References
(36)
; Tables
(5)
TRT Terms: Uncontrolled Terms: Geographic Terms: Subject Areas: Economics; Highways; Railroads; I10: Economics and Administration
Files: TRIS, TRB, ATRI
Created Date: Jan 25 2010 10:58AM
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