Evaluating the Transport-Mode-Specific Trade Effects of Different Transport Infrastructure Types

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Abstract

Both qualitative and quantitative improvements of different transport infrastructure types are evaluated with respect to their transport-mode-specific trade effects. Strong trade increases are found for survey-based indicators of waterway, airport, and railroad infrastructure quality. Additionally, the infrastructure quality of transit countries is an important trade flow driver of the land transport modes road and railroad. The trade effects of increases in the physical quantity of transport infrastructure, on the other hand, are in general less pronounced. For the analysis of these effects, I use a gravity equation model with European trade flows that are disaggregated over five different transport modes. In combination with the quality and quantity indicators for each corresponding type of transport infrastructure, it is possible to directly estimate the unique trade effects for each of these infrastructure types.

Speakers from the University of Münster

Wessel, Jan

Professur für Verkehrswissenschaft (Prof. Sieg)