 Output Effects of Transport Infrastructure: The Netherlands, 1853–1913Peter Groote, Jan Jacobs and Jan-Egbert Sturm Tijdschrift voor Economische en Sociale Geografie, 1999, vol. 90, issue 1, 97-109 Abstract: In this paper we put to trial the alleged role of investment in transport and communications infrastructure in economic growth in the Netherlands in the second half of the nineteenth century. To do so, we combine a new data set with data‐oriented econometric techniques. Testing of the main hypothesis by applying Granger's concept of causation in a vector auto‐regression model reveals that the development of infrastructure ‘caused’ Dutch economic growth. In order to investigate the underlying mechanisms, we enhance the basic model with impulse‐response analysis. This leads to a clear response pattern of GDP to a change in transport infrastructure investment. The response of GDP is explained as being induced by three underlying mechanisms: 1. Positive forward linkage effects (mainly through reductions in the costs of transport and communications). 2. Positive backward linkage effects (mainly through expenditure and income effects). 3. Negative transitional dynamics (mainly through changes in the spatial setting of the economy). Date: 1999 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:bla:tvecsg:v:90:y:1999:i:1:p:97-109 Ordering information: This journal article can be ordered from Access Statistics for this article Tijdschrift voor Economische en Sociale Geografie is currently edited by Jan van Weesep More articles in Tijdschrift voor Economische en Sociale Geografie from Royal Dutch Geographical Society KNAG |
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