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.     

Resident attitudes towards gaming and tourism development in Macao: Growth machine theory as a context for identifying supporters and opponents

Despite global recession, Macao continues to develop as an international gaming destination. However, as the intensity of development increases, the government is losing support for the gaming industry among some residents. This loss of support may be examined within the context of growth machine theory. This paper surveys residents regarding their attitudes towards gaming and development. The findings suggest residents can be divided into two groups — gaming supporters and gaming opponents. From these findings, recommendations are made for future planning, development and marketing in Macao. Copyright © 2010 John Wiley & Sons, Ltd.     

Tourism development and economic growth: a panel Granger causality analysis in the frequency domain

In this paper, we test the causal relationship between economic growth and tourism development in the 1995–2012 period using recently developed panel Granger causality tests that allow for country-level heterogeneity, thus leading to more accurate results for the 12 Mediterranean countries. Although results of the Dumitrescu and Hurlin [(2012) testing for Granger non-causality in heterogeneous panels. Economic Modelling, 29(4), 1450–1460] panel Granger causality test show a unidirectional causality from tourism development to economic growth, results of the Croux and Reusens [(2013). Do stock prices contain predictive power for the future economic activity? A Granger causality analysis in the frequency domain. Journal of Macroeconomics, 35, 93–103] panel Granger causality analysis in the frequency domain show that there is a bidirectional temporary and permanent causality between tourism development and economic growth. The bidirectional causality relationship between tourism development and economic growth, which is the main finding of this study, suggests that in order to achieve high economic growth, policy-makers should focus on developing the tourism sector.     

成绵乐城际经济带经济社会科学发展新探索——四川区域经济发展方式转变战略问题研究

以成绵乐城际铁路通车在即的背景为研究切入点,分析了成绵乐城际经济带的历史性机遇及未来前景,提出应前瞻部署成绵乐城际经济带科学发展战略,探索把＂交通走廊＂建设成为＂经济走廊＂的科学性问题,探索一系列有关区域发展方式、发展理念、发展道路、社会管理的战略问题,论述了成绵乐区域经济发展应承担的多重使命与实现发展方式转变需要采取的若干行动。     

The impacts of high-speed trains on British economic geography: a study of the UK’s InterCity 125/225 and its effects

The arrival of high-speed trains (HSTs) leads to unprecedented time-space effects, potentially assisting face-to-face contacts in knowledge-generating process, yet its wider spatial-economic impacts are still open to debate. This research attempts to fill in this gap with empirical evidence by studying the inter-regional impacts of upgraded British InterCity 125/225 on British economic geography over 30 years. The six study routes of London-outbound trains serving major railways stations in 26 local authorities were selected as units of analysis, with the observation of differential effects both between HSTs and non-HSTs towns and among each group of towns, to understand time-space effects of InterCity 125/225 whose potential impacts on local economic strength and knowledge intensive development. The key findings suggest that the differential HST effects on British economic geography could be classified into three influential zones, namely 1-h, 2-h, and over-2-h towns. HST has had substantial and demonstrable effects in aiding this transition within a 2-h travel limit of London, thus helping to generate renewed economic growth, but that the effects have not been automatic or universal. Regarding future British HST policy, the implications arising from this study is that cities connected to a new HST could seize opportunities which non-HST cities will not be able to do so, but this is not a zero-sum situation. Instead, it involves a national strategy to develop a hierarchical network with HST between London and key regional hubs, well integrated at these hubs with intra-regional transport systems. This indicates a strong case for a finer-grained and deeper probing analysis at an intra-regional level of the potential for rail improvement as an agent of change in city-region development. We hope to report further on this in a subsequent paper.