TY  - BOOK
AU  - Holzner,Mario
AU  - Jestl,Stefan
AU  - Alvarez,Eduard
AU  - Marti-Henneberg,Jordi
TI  - Introducing Railway Time in the Balkans: Economic effects of railway construction in Southeast Europe and beyond since the early 19th century until present days
T2  - wiiw Balkan Observatory Working Papers
PY  - 2016///
CY  - Wien
PB  - Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw)
KW  - Railway
KW  - infrastructure
KW  - Balkans
KW  - Southeast Europe
KW  - backwardness
KW  - urban development
KW  - economic development
KW  - railway accessibility
KW  - infrastructural spillovers
KW  - multilevel model
KW  - historical analysis
N2  - Abstract

In this paper we analyse the economic effects of railway infrastructure at the national level for European countries as well as at the local level for Southeast European cities based on a novel railway database capturing decades of the 19th century up to the early 21th century. A panel fixed effects regression analysis at the country level indicates a positive economic impact emanating from railway infrastructure, whereby the effect appears to be even stronger for less developed Southeast European countries. In addition, a linear spatially augmented multilevel model at the city level sheds light on the positive effects resulting from railway infrastructure on urban development. Its positive spillover effects occur within countries as well as across borders

UR  - https://wiiw.ac.at/p-3904.html
ER  -