In order to clarify the relationship between transport infrastructure investment and its wider economic impacts, in particular in term of competitiveness and economic growth, the project explores the state-of-the-art of the theoretical methodology of the assessment tools, analyses the current situation of European economic and competitiveness as well as its present and future challenges and takes into account the current European strategy being set to improve its economic performance and competitiveness.
Literature exploration is needed in various disciplines, ranging from discussions on the definition of competitiveness; transport infrastructure investment impact studies; trade theories; to the currently developing area of the new economic geography studies.
A non-exhaustive key literature list is given below.
Trade and competitiveness
- DG Trade on European Competitiveness [online]. Available from http://ec.europa.eu/trade/creating-opportunities/trade-topics/european-competitiveness/ [Accessed 30 November 2011]
- Porter, M.E. (1998) On Competition, Boston: Harvard Business School, 1998.
- World Economic Forum – The Global Competitiveness Report 2011-2012 [online]. Available from http://www3.weforum.org/docs/WEF_GCR_Report_2011-12.pdf [Accessed 9 November 2012]
Impacts of investments on transport infrastructure
- Blanchflower, D. & Bryson, A. (2004): "The Union Wage Premium in the US and the UK," CEP Discussion Papers dp0612, Centre for Economic Performance, LSE
- Cohen, J.P., Kristen, M. (2008): “Ports and Highway Infrastructure Investments and Inter-State Spatial Spillovers.” International Regional Science Review 31(3): 257-274
- Cohen, J.P., Morrison, P. (2004): “Public Infrastructure Investment, Inter-State Spatial Spillovers, and Manufacturing Costs.” Review of Economics and Statistics, 86(2): 551-560
- COMPETE Project [online] available from http://isi.fraunhofer.de/isi-en/n/projekte/compete.php
- De Rus, G. (2009): “Indirect effects and additional economic benefits, in Economic Evaluation of Transport Projects”, Working Papers, Ministerio de Fomento. Available from www.evaluaciondeproyectos.es
- Graham, D.J. (2006): “Agglomeration Economies and Transport Investment”, JTRC Discussion Paper 2007-11
- Jara-Diaz, S.R. (1986): “On the Relation between Users’ Benefits and the Economic Effects of Transportation Activities”, Journal of Regional Science, Volume 26, Issue 2, pages 379-391
- OECD (2007): Macro-, Meso- and Micro-Economics Planning and Investment Tools, JTRC, Round Table 140
- Pissarides (2000), Equilibrium Unemployment Theory, MIT Press
- Proost, S., Van der Loo, S. (2008): Transport Infrastructure Investment and Demand Uncertainty, KU Leuven
- Shapiro, C., Stiglitz, J.E. (1984): “Equilibrium Unemployment as a Worker Discipline Device”, The American Economic Review, Volume 74, Issue 3, p. 433-444
- Van Ommeren, J., Vermeulen, W. (2003): "Commuting and Panel Spatial Interaction Models: Evidence of Variation of the Distance-Effect over Time and Space," ERSA conference papers ersa03, p127, European Regional Science Association
- Venables, A.J. (2007): “Evaluating urban transport improvements. Cost–benefit analysis in the presence of agglomeration and income taxation”, Journal of Transport Economics and Policy, 41, 2, 173–188
- Venables, A.J. and Gasoriek, M. (1999): The Welfare Implications of Transport Improvements in the Presence of Market Failure. Department of the Environment, Transport and the Regions, London
- Verhoef E. (1996), “Chapter 11: The external costs of road transport in the Netherlands”, in Maddison D., D. Pearce et al., Blueprint 5: the true cost of road transport, Earthscan, London, UK, 1996
- Zhu, X., van Ommeren, J., Rietveld, P. (2009): “Indirect benefits of infrastructure improvement in the case of an imperfect labor market”, Transportation Research Part B 43:57-72
New economic geography
- Ahlfeldt, G.M., Feddersen, A. (2011), From core to periphery: economic adjustments to high speed rail, London School of Economics
- Eckey, H.F., Kosfeld, R., (2004), New economic geography, Volkswirtschaftliche Diskussionsbeiträge, Universität Kassel
- Fujita, M. and Mori., T. (2005) "Frontiers of the New Economic Geography", Papers in Regional Science 84(3), 377-405
- Fujita, M., Krugman, P., Venables, A. (1999): The Spatial Economy - Cities, Regions and International Trade, MIT Press
- Fujita, M., Thisse, J,-F. (2002): Economics of Agglomeration - Cities, industrial Location, and Regional Growth, Cambridge University Press
- Krugman, P. (2010), The new economic geography- now middle-aged, Prepared for presentation to the Association of American Geographers, April 16, 2010
- Krugman, P. (1991) “Increasing Returns and Economic Geography,”
The Journal of Political Economy, Vo. 99, No. 3, June, pp. 483-499