Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/249193
Authors: 
Shevtsova, Yevgeniya
Díaz-Lanchas, Jorge
Persyn, Damiaan
Mandras, Giovanni
Year of Publication: 
2021
Series/Report no.: 
JRC Working Papers on Territorial Modelling and Analysis No. 07/2021
Publisher: 
European Commission, Joint Research Centre (JRC), Seville
Abstract: 
This paper uses a structural gravity model to explore the regional trade and welfare impact of the EU Cohesion Policy Transport Infrastructure Investment programme estimated using a novel data-set of the Generalised Transport Costs for the EU regions at the NUTS2 level. The results indicate that on average additional investment in transport infrastructure can increase NUTS2 total regional exports by 0.40% and regional real GDP by 1.13%. Central and Eastern European Regions enjoy the highest exports and GDP gains, while few Western European regions experience a negligible decrease in wages, which may occur as a result of factor price convergence.
Subjects: 
structural gravity
trade policy
general equilibrium analysis
JEL: 
F13
F14
F15
R13
Creative Commons License: 
https://creativecommons.org/licenses/by/4.0/
Document Type: 
Working Paper

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