publication . Article . 2017

PUBLIC TRANSPORTATION INVESTMENTS AND ECONOMIC GROWTH IN TURKEY

Merter Mert;
Open Access
  • Published: 01 Jun 2017 Journal: EURASIAN JOURNAL OF ECONOMICS AND FINANCE, volume 5, pages 17-35 (eissn: 2148-0192, Copyright policy)
  • Publisher: Eurasian Publications
Abstract
This study calculates the public transportation capital stock for Turkey for the 1980-2003 period. Then those series are used to estimate the effect of public transportation investments on gross domestic product. A similar attempt is made to formulate public capital stock series for various transportation subsystems and I use them to estimate the effect of subsystem investments on the value-added (so, economic growth) of the transportation sector. Estimations indicate a positive relationship between public transportation investments and gross domestic product. At the subsystem levels, it is estimated that railway, highway, maritime, airline and pipeline investme...
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Subjects
free text keywords: Public Transportation Investments, Economic Growth, Transportation Subsystems, Fixed Capital Stock, Business, Positive relationship, Gross domestic product, Public capital, Capital stock, Public transport, business.industry, Finance, Economic impact analysis, Traditional investments, lcsh:Social Sciences, lcsh:H, lcsh:Finance, lcsh:HG1-9999
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