CEU Electronic Theses and Dissertations, 2012
Author | Huzjak, Hana |
---|---|
Title | Regional Competitiveness in Central Europe: The Importance of Transport Infrastructure Development |
Summary | The topic of regional competitiveness has gained tremendous importance over the last decade. As regions are increasingly being recognized as drivers of economic growth, both academics and policy-makers are trying to identify the key factors which would make the regions more competitive. While transport infrastructure is only one of the factors influencing regional competitiveness, it usually requires the largest amount of public investments. The topic is particularly relevant in the context of the European Union, as reduction of regional disparities remains a challenge, especially for the transition countries of Central Europe. This paper has analyzed how the development of transport infrastructure contributed to increasing the regional growth and competitiveness in Central Europe. In particular, the multivariate linear regression analysis has been conducted, using secondary data on 37 NUTS 2 regions of Central Europe, over the 2000-2009 period. The analysis demonstrates that the development of transport infrastructure is strongly and positively associated with the growth of regional competitiveness, measured in terms of GDP per capita. Furthermore, the paper notes that the positive effect of the infrastructure investments is larger in regions applying complementing policies (in particular innovation), but concludes that a more integrated approach to development policies would be beneficial. |
Supervisor | Kahanec, Martin |
Department | Public Policy MA |
Full text | https://www.etd.ceu.edu/2012/huzjak_hana.pdf |
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