EU involvement in TEN development: network effects and European value added

The recent White Paper emphasises once more that the Trans-European transport network (TEN) is a key element in European Union (EU) policy, yet that its realisation is jeopardised by the lack of an integrated approach during evaluation and funding of cross-border infrastructure. Despite the intervention of the EU in conceptualising the TEN, subsidiarity and continued use of conventional evaluation procedures mean that most assessment of individual TEN components is still undertaken in relatively narrow, national terms. The primary objective of this paper is to explore how the international character of the TEN may be recognised and incorporated in still predominantly national evaluation processes, and which evaluation horizons may be broadened based on the concepts of network effects and European value added (EVA). We present some examples of EVA and discuss EU involvement in projects with potentially high EVA, either by co-ordinating bilateral negotiations for compensation between Member States or by co-financing projects that support the achievement of strategic EU transport policy objectives.     

Strait crossings and economic development: Developing economic impact assessment by means of ex post analyses

There is widespread scepticism among politicians and authorities concerning CBA as a main instrument for decision-making. This may cause possible bias towards non-quantitative factors as decisive. The challenge is to improve the methological approach, carefully examining the real benefits for road users. One way of doing this is to develop ex post CBA to test how critical assumptions fit to reality. The focus of this paper is on ex post analyses carried out with five case studies in larger infrastructure projects to assess the economic profitability actually occurring from new infrastructure. There are substantial differences in benefits ex post compared with the ex ante analyses, mainly explained by a shift parameter in willingness to pay (WTP) for the improvements. These ‘inconvenience costs’ saved by the road users add to the traditional value-of-time benefits. The paper also examines the profitability of private versus public funding and ends up with some considerations on regional impacts of transport infrastructure. A short presentation of a pilot study from two of the fixed links to elicit the influence on local industry is given. Some informal results support the theory of forward and backward linkages from new economic geography.     

An economic impact analysis of the Korean exhibition industry

This study estimates the multiplier effect of the exhibition industry. In order to calculate the exhibition industry's total expenditure, consideration is made of three major sources of expenditure including hosts, exhibitors and foreign attendees. According to the summary of the economic impact analysis, the total exhibition receipts of US$645.7 million produced US$1.2 billion in output; 21 692 full‐time equivalent jobs, US$260 million in personal income for residents, US$577.4 million in value‐added, US$54.2 million in indirect tax and US$104.3 million in imports. Copyright © 2008 John Wiley & Sons, Ltd.     

The broader economic consequences of transport infrastructure investments

A major question in Economic Geography relates to the scale and nature of transport infrastructure’s contribution to the broader economy. While Cost-Benefit Analysis (CBA) is the most widely used of the three potential approaches, the recent interest in the wider economic benefits of transport infrastructure has spawned a variety of macroeconomic models. However, the estimates of magnitudes and direction of economic impacts of infrastructure by various macroeconomic models are sharply different, and these models shed little light on causal mechanisms linking transport and the economy. This paper has two aims: first, to highlight the wider economic benefits of transport infrastructure from the observed role of railroads and waterways in economic development, and two by reviewing recent theoretical developments to identify the multiple causal mechanisms which link transport and economic growth such as : market expansion, gains from trade, technological shifts, processes of spatial agglomeration and processes of innovation and commercialization of new knowledge in urban clusters (made possible by transport improvements). Hence the need for developing general equilibrium analyses of transport-economy linkages.     

Agritourism in the Arkansas delta byways: assessing the economic impacts

Large parts of rural USA are seeing gradual decline in economic fortunes. The small and medium scale farms are especially dwindling in numbers and their incomes are stagnating. Towards revitalizing the rural agrarian economies, agritourism is being seen as a catalyst to supplement income and trigger economic growth in some parts of the USA. This study focuses on a 15‐county region in the Arkansas Delta Byways (ADB) predominantly dependent on agriculture. The study uses agritourism visitor and expenditure data to estimate the baseline economic impacts in 2007 and predict potential impacts in 2012 on the region's economy. The study is conducted in two stages; the first stage involves statistical predictions of future agritourism visitors using time series extrapolation models. In the second stage, an input–output (I–O) framework is used to estimate the economic impacts relating to sales, employment, income and tax revenue to federal, state and local governments. Three alternate scenarios, where the agritourism visitors as a percentage of total visitors increases from the baseline level to hypothetical higher levels as a result of the state's agritourism promotion and initiatives are examined, and the net economic gain from additional visitors are estimated. Findings suggest that farms will benefit from increases in income but do not see any significant increase in jobs mainly due to the family nature of the enterprises. Economic benefits from on‐farm hunting far outstrip other agritourism activities and their impacts reverberate across many other sectors of the local economy. Copyright © 2009 John Wiley & Sons, Ltd.     

Tourism managers' view of the economic impact of cruise traffic: the case of southern Spain

This article focuses on analysing the perception that the tourism sector itself has of its impact in cities at which cruises call. We use a sample of 371 managers of tourism establishments in the hinterlands of two Spanish cruise ports. The conclusions confirm the good public image that cruise traffic has traditionally enjoyed. However, the vision that the managers have is not uniform but depends on the characteristics of the tourist establishment and its own experience. Managers also advocate the direct intervention of the public administrations, even with economic aid, to favour the implementation of cruise tourism in their cities.     

Economies of scale and density in urban rail transport: effects on productivity

This paper examines economies of scale and density in urban rail transport. It isolates the effects of constant and non-constant returns on output and productivity growth using data relating to 17 rail systems in cities around the world. Estimates reveal constant returns to scale but increasing returns to density. The productivity model shows that total factor productivity change has been of great importance in differentiating the output performance of urban rail systems. Our analysis of average labour productivity confirms the importance of shifts to other factors of production and technological change in explaining changing levels of output per worker.     

The economic impact of the lifting of sanctions on tourism in Iran: a computable general equilibrium analysis

The imposition of sanctions on Iran, after the Islamic Revolution in 1979, resulted in economic hardship. Many problems were experienced, such as increased unemployment and high inflation, currency fluctuations and economic instability. One area that was hard hit was the tourism sector. With the lifting of United Nations sanctions on 16 January 2016, there is an opportunity for an increase in international tourists to experience the natural attractions and cultural heritage that Iran has to offer. This research employs a single-country multi-sector computable general equilibrium model to estimate the economic impact of the lifting of sanctions to tourism and the wider economy in Iran. The findings reveal that tourism provides a boost to the economy; however, there are redistributive effects that draw resources away from other export sectors. However, just as in the past where there has been a heavy reliance on oil and natural gas, expanding tourism too quickly will also cause problems. Moderate tourism growth would be the appropriate sustainable path to take.     

Measuring the substitution effects between High Speed Rail and air transport in Spain

The main objective of this paper is to estimate the impact that the expansion of the HSR network has had on air transport in Spain by estimating the substitution effect between the two types of transportation. This paper considers the way that the HSR network has grown and how this growth could have affected air transport dynamically. The findings show that a dynamic vision of this substitution rate should be adopted, as opposed to assuming that the rate is constant, as has been the case in previous references. Although the rate varies significantly over the study period, only 13.9% of HSR passenger demand was found to have come from air travel during the 1999–2012 period, meaning that HSR and airlines would seem to offer more independent services than at first it might appear. This confirms the hypothesis as to the HSR’s great ability to generate its own demand. The substitution rate between the two transport modes seems to be closely linked to the way that any new stations are incorporated into the HSR network. Convergence between the seasonality of HSR and air transport has also been examined. The results show that it is difficult to talk of a real HSR transport network in Spain.     

Environmental and economic development issues in the Polish motorway programme: some findings on local authority attitudes

This paper assesses the relative value attached by Polish local authorities to the development of motorways, as opposed to other national roads. It presents the findings of a survey, (the first of its kind) designed to record attitudes to these plans (which have changed with each successive government). The results are analysed in light of the on-going debate about environmental/economic development issues, polarised also along party lines. Previous analysis of media debate is re-visited. The degree of collaboration between gminas and the Ministry of Transport is explored, but found to be limited. The priorities of most local authorities are local economic development, and the quantity and quality of non-motorway roads are seen at least as important as the construction of new motorways.     

The equity impacts of bus rapid transit: A review of the evidence and implications for sustainable transport

The paper offers an analysis of empirical evidence on the equity impacts of operational Bus Rapid Transit (BRT) systems in the Global South. The focus is on vertical equity, i.e. whether BRT systems achieve progressive benefits for poorer segments of the population. Findings from Africa, Asia, and Latin America all suggest that BRT does offer significant benefits to low-income groups, in terms of travel time and cost savings, access enhancement, and safety and health benefits. However benefits are often skewed toward medium-income users and thus less progressive than they might be. Two primary reasons for this are insufficient spatial coverage and inappropriate fare policies. While many features of BRT potentially allow it to deliver pro-poor outcomes, such outcomes only materialize if BRT implementers pay specific and sustained attention to equity. The paper identifies key issues that need to be addressed to steer BRT implementation toward more socially sustainable outcomes—including better integration with other transit, paratransit, and nonmotorized transport services, and with the housing sector.     

高速铁路与转变经济发展方式

将经济发展理论与中国高速铁路发展实践紧密结合,论述高速铁路发展在推动中国经济结构调整、带动产业结构升级、促进生态文明建设与和谐社会建设方面的重要作用。认为高速铁路事业的蓬勃发展,是中国转变经济发展方式、建设社会主义和谐社会的重要推动力量。     

提升铁路运输保障能力服务地区经济社会发展——呼和浩特铁路局林奋强局长访谈

结合内蒙古经济社会发展实际，探讨铁路运输企业如何加强战略研究和规划，深入推进内涵挖潜和外延扩能，不断提升铁路运输服务保障能力，充分发挥铁路在国民经济中的基础性作用，促进内蒙古自治区经济社会又好又快发展。     

International tourism and economic development in South Africa: a Granger causality test

One of the major objectives of macroeconomic policies in many developing countries is sustained economic growth, and South Africa has been striving to achieve and maintain this in various ways. One of these is through international tourism. Although international tourism contributes to the growth of many economies, it is in turn, impacted by growth in many developed countries. Real gross domestic product (GDP), international tourism earnings, real effective exchange rate and exports were analysed within a multivariate vector auto regressive model using annual data covering 1980–2005. The main focus of this study therefore was to demonstrate the direction of causality between international tourism earnings and long‐run economic growth of South Africa, among other variables, using Granger causality analysis. The result obtained showed a unidirectional causality running from international tourism earnings to real GDP, both in the short run and in the long run. The error correction mechanism carried out also supported this causality. Copyright © 2009 John Wiley & Sons, Ltd.     

Short-term Perturbations and Tourism Effects: The Case of SARS in China

The 2003 SARS epidemic created a significant negative impact on tourism development in China. This paper reviews the effects on tourism of different short-term crises, analyses the effects of SARS and explores the possibility of tourism businesses being buffered from such short-term crisis and the possible new motivations derived from the crisis. Tourism’s lack of resistance but high resilience to short term crises provides tourism and regional planning challenges. These characteristics suggest diversification and partnerships can minimise community vulnerability to crises and rapid economic recovery is possible based on tourism’s resilient nature.     

Comparing the contributions of tourism and non-tourism exports to economic growth in Malaysia

An in-depth study using data from 1974 to 2013 is conducted to assess the role of exports in Malaysia's economic growth through the neoclassical growth model. Unlike previous studies, we segregate exports into four major components, namely tourism, electrical and electronic (E&E), palm oil and rubbers. By doing so, we are able to assess the relative contributions of tourism and non-tourism (i.e. E&E, palm oil and rubbers) exports to Malaysia's economic growth. To achieve the objective of this study, we perform the cointegration, Granger causality and the variance decomposition tests. Our findings suggest that only tourism, E&E and palm oil exports significantly influence economic growth in the long-run. Likewise, our Granger causality results also suggest that only tourism, E&E and palm oil exports Granger-cause economic growth. Thus, it supports the tourism-led growth, E&E export-led growth (ELG) and palm oil ELG hypotheses in Malaysia. With reference to the contributions to economic growth, the long-run estimation results and the results of generalized variance decomposition consistently suggest that tourism is relatively more important than the three non-tourism exports, especially in explaining the long-term economic growth of Malaysia.     

Geotourism and geoparks as novel strategies for socio‐economic development in rural areas

Geoparks, as an innovation for the protection of natural and geological heritages, play an important role in the development of geotourism. While developing geotourism, the establishment of geoparks can generate new job opportunities, new economic activities and additional sources of income, especially in rural regions. It encourages the production of local products and local handicrafts involved in geotourism and geoproducts. This paper discusses the role played by geoparks in improving the economy of local populations. To this end, 25 geopark strategies were analysed (20 in Europe and 3 in Asia [Malaysia, Japan and Iran], 1 in Australia and 1 in South America [Brazil]). Copyright © 2010 John Wiley & Sons, Ltd.     

Road infrastructure and economic development in the periphery: the case of A55 improvements in North Wales

This paper examines the impact of a major road improvement programme on the economic development of North Wales. The paper identifies the economic impacts of the road on a selection of firms and organisations in North Wales, and provides a modelling framework to examine the static and dynamic effects of road improvements. Road improvements across North Wales are found to be a necessary, but not sufficient, condition for economic development in this peripheral area.     

Regional labour markets and job accessibility in City Network systems in Germany

Spatial labour markets are subjected to the forces of regional economic activity and competing network effects. Commuting is, therefore, an important equilibrating vehicle in a City Network constellation. Cities act as attractors of commuters, as most economic activity occurs in cities, thus providing a high share of attractive workplaces. Cities that are centrally connected in a network may act as both centripetal and centrifugal forces in the whole system. The present paper focuses on what is named the City Network (CN) approach. A central idea is the accessibility concept, which is interpreted here as the potential of opportunity for interaction, which has a positive impact on economic growth. In our paper, the accessibility concept and the CN concept are linked together by positioning accessibility in the CN system. Since accessibility measures give geographical insights into the distribution of economic activities and the related (dis)equilibrium of regional development patterns, the connection with the labour market is evident, and, therefore, a second focus of our analysis.In an applied setting, our paper aims to investigate spatial accessibility patterns in the main CN in Germany. The 17 districts which belong to the country’s CN were chosen from the 439 German labour market districts on the basis of three criteria: (a) their connection to the high speed railway network; (b) the most accessible districts according to previous results (2002); (c) relevant districts for the German economy. Our applied modelling research concerns home-to-work commuters travelling between the selected districts belonging to the German CN, for both 2003 and 2007. Here, a comparative analysis of the ranking of the most accessible districts - also for different intra-zonal travel times - is carried out in order to map out the changes in accessibility between 2003 and 2007, especially in the light of new high speed connections and commuting flow dynamics.