Spatial Impact of Transportation Infrastructure: A Spatial Econometric CGE Approach - Regional Science Matters - page 175

Table 10.3 Economic impact of transportation infrastructure by mode
Truck Air Water Transit All modes

OLS SE OLS SE OLS SE OLS SE OLS SE

Agriculture 0.019 0.019 0.044 0.045 0.007 0.007 0.001 0.000 0.031 0.033

Manufacture 0.024 0.024 0.044 0.045 0.005 0.005 0.002 0.001 0.024 0.025

Utility&Cons 0.024 0.024 0.005 0.005 0.004 0.004 0.002 0.002 0.036 0.035

Trade 0.018 0.017 0.001 0.001 0.002 0.002 0.001 0.001 0.022 0.021

Truck 0.411 0.460 0.022 0.022 0.001 0.001 0.001 0.001 0.389 0.437

Rail 0.035 0.036 0.032 0.032 0.004 0.003 0.002 0.002 0.002 0.003

Air 0.015 0.021 2.708 2.753 0.033 0.032 0.002 0.003 2.655 2.694

Transit 0.003 0.736 0.819 0.725 0.806

Water 0.004 0.001 0.088 0.090 2.267 2.243 0.001 0.001 2.176 2.147
Pipeline 0.024 0.024 0.004 0.004 0.006 0.006 0.001 0.001 0.036 0.036
Warehouse 0.051 0.054 0.214 0.217 0.015 0.015 0.001 0.001 0.280 0.287
Information 0.013 0.012 0.009 0.009 0.001 0.001 0.002 0.002 0.025 0.024
Service 0.011 0.010 0.003 0.003 0.001 0.001 0.001 0.001 0.016 0.015
Household 0.020 0.020 0.014 0.014 0.005 0.005 0.002 0.002 0.042 0.042
GDPVA 0.020 0.020 0.014 0.014 0.005 0.005 0.002 0.002 0.042 0.042
Welfare 1603 1598 1137 1140 414 414 164 164 3311 3309
Note : Numbers indicate percentage change. Each column represents a CGE simulation result due to a 10 % increase of the corresponding transportation
capital. OLS represents the results simulated using CES estimates from OLS models. SE indicates the results simulated using CES estimates from spatial
econometric models
Source : Authors' calculation

0.011 0.010 0.020 0.021 0.003