NDLI: Exploring the Relationship between Transportation Infrastructure and Regional Economic Growth Using Losch’s Location Theory

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Exploring the Relationship between Transportation Infrastructure and Regional Economic Growth Using Losch’s Location Theory

Content Provider	Scilit
Author	Almeida, Cristiano Farias Silva, Francisco Gildemir Ferreira da Araujo, Paulo Henrique Cirino
Copyright Year	2021
Description	There are some knowledge gaps regarding the relationship between transportation infrastructure and economic development, especially about economic impacts that occur due to implementation of infrastructure in a given region, albeit various studies have addressed the issue. This paper aims to identify variables that affect economic development in order to contribute to the development of a theoretical model that could explain the relationship between transportation infrastructure and economic development. The theoretical model is satisfactory because it begins by analyzing the actions generated by the transportation infrastructure. Moreover, the model is based on the Location Theory considering the economic development and taking into account variables such as transportation costs, gain, product value, consumption, competition between companies and lastly monopoly. Finally, an econometric procedure, Spatial Panel Auto Regressive Vector Model (PVAR), was used to evaluate the relationship between economic development and investments in transportation infrastructure.
ISSN	19139063
e-ISSN	19139071
DOI	10.5539/jsd.v14n3p168
Journal	Journal of Sustainable Development
Issue Number	3
Volume Number	14
Language	English
Publisher	Canadian Center of Science and Education
Publisher Date	2021-05-14
Access Restriction	Open
Subject Keyword	Transportation Science and Technology Transportation Infrastructure Economic Development Theoretical Model Location Theory
Content Type	Text
Resource Type	Article
Subject	Geography, Planning and Development Development Renewable Energy, Sustainability and the Environment Environmental Science

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