Session

Management, Business, and Economics

Description

This paper discusses the correlation between transport and the economy. The rationality of doing this research lies on the need for a clearer definition of transport to economic development and for the economic growth of a country or a region. The developing economies should plan their transport based on their economic projections and they should avoid the policies based on infrastructure development and transport resources. In order to discuss this assumption in this paper have correlation analysis is used to observe the transport growth and GDP growth in developed and in developing countries using the data from official bureaus and from the recent literature. Furthermore, the identification of the economic benefits of transport and opposite consequences of transport is performed in order to analyze and compare the gross value of transport in developing and developed economies. To achieve this the correlation analysis is performed. As a result we have projected the differences of increase of GDP and transport in different economies in mid and in long term considering two scenarios.

Keywords:

Economy, GDP, development, transport, impact, sustainability, developing countries

Session Chair

Ibrahim Krasniqi

Session Co-Chair

Biljana Ciglovska

Proceedings Editor

Edmond Hajrizi

ISBN

978-9951-437-25-7

First Page

27

Last Page

33

Location

Durres, Albania

Start Date

1-11-2013 3:00 PM

End Date

1-11-2013 3:10 PM

DOI

10.33107/ubt-ic.2013.30

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Nov 1st, 3:00 PM Nov 1st, 3:10 PM

Measuring The Impact Of Transport In The Developing Economies

Durres, Albania

This paper discusses the correlation between transport and the economy. The rationality of doing this research lies on the need for a clearer definition of transport to economic development and for the economic growth of a country or a region. The developing economies should plan their transport based on their economic projections and they should avoid the policies based on infrastructure development and transport resources. In order to discuss this assumption in this paper have correlation analysis is used to observe the transport growth and GDP growth in developed and in developing countries using the data from official bureaus and from the recent literature. Furthermore, the identification of the economic benefits of transport and opposite consequences of transport is performed in order to analyze and compare the gross value of transport in developing and developed economies. To achieve this the correlation analysis is performed. As a result we have projected the differences of increase of GDP and transport in different economies in mid and in long term considering two scenarios.