The Impact of Railway Transport on the Socioeconomic Development of Territories

Sergey Ivanovich Kravchenko () and Vyacheslav Valentinovich Dementiev ()
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Sergey Ivanovich Kravchenko: Financial University under the Government of the Russian Federation
Vyacheslav Valentinovich Dementiev: Financial University under the Government of the Russian Federation

Spatial Economics=Prostranstvennaya Ekonomika, 2023, issue 2, 47-69

Abstract: Recent studies in the field of socioeconomic development of the country’s regions show high intensity and versatility, but they do not sufficiently assess the transformation of territories in conjunction with the functioning of railway transport, as an important element in ensuring sustainable growth. The content of the work is aimed at establishing the impact of rail transport on the socio-economic development of regions. The theoretical provisions of the spatial economy constitute the methodological basis of the study. The research methods are bibliometric analysis, in particular the analysis of the frequency of using keywords (co-occurrence analysis), methods of comparative, correlation and regression analysis. The empirical basis of the study includes publications indexed by the Scopus database, as well as official statistical information on the functioning of railway transport and the level of socioeconomic development of the territories, which Russian Railways operates, for the period 2010–2020. The initial data were processed using VOSviewer 1.6.18, EViews 13, Stata/MP 14.2. The article tests the assumption that there is a correlation between the results of railway transport and gross regional product as a characteristic of the socio-economic development of the regions of the Russian Federation. The approach involves checking the cross-dependence and stationarity of variables, performing a Pedroni and Kao panel cointegration analysis, estimating the parameters of the cointegrating regression, and conducting a Dumitrescu – Hurlin causality panel analysis. The research results empirically substantiate the existence of long-term, bidirectional and unidirectional causal relationships between the parameters of the functioning of the railway transport and GRP

Keywords: railway transport; socio-economic development; region; bibliometric analysis; panel data; modeling (search for similar items in EconPapers)
JEL-codes: C23 L92 O18 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:far:spaeco:y:2023:i:2:p:47-69

DOI: 10.14530/se.2023.2.047-069

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