THE OPERATION OF NEW TRANSPORTATION INFRASTRUCTURE AND REGIONAL ECONOMIC EFFICIENCY: A CASE STUDY OF HIGH SPEED RAIL IN WESTERN TAIWAN

Chih Cheng Chen

Regional and Sectoral Economic Studies, 2014, vol. 14, issue 1, 179-194

Abstract: This research explores the relationship between the operation of new transportation infrastructure and regional economic efficiency with specific case of Taiwan High Speed Rail (THSR) on regions in western Taiwan by using the annual data from 2004 to 2010 and applying the method of data envelopment analysis (DEA) and Tobit regression model. We discovered that the average EEs for these regions have been deteriorating since the initial operation of THSR in 2007, which indicate that the negative influences are more serious than the positives after THSR’s operation. Besides, we also found that the EEs for these regions has been improved shortly but worsened in a longer term according to the estimated results of Tobit regressions, which implies the construction of transportation infrastructure would not stimulate the regional economic development. We also find that the ratio of employees with college/university education and firm number with R&D activity in a region will stimulate its regional EE significantly.

Keywords: transportation infrastructure; high speed railway; regional economic efficiency; data envelopment analysis; Tobit regression. (search for similar items in EconPapers)
JEL-codes: O18 P25 R11 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
http://www.usc.es/~economet/reviews/eers14113.pdf
No.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eaa:eerese:v:14:y2014:i:1_13

Ordering information: This journal article can be ordered from
http://www.usc.es/economet/info.htm

Access Statistics for this article

More articles in Regional and Sectoral Economic Studies from Euro-American Association of Economic Development
Bibliographic data for series maintained by M. Carmen Guisan ().