- Log In/Sign Up
- P-ISSN1738-3110
- E-ISSN2093-7717
- SCOPUS, ESCI
ISSN : 1738-3110
Analysis of Impact of Distribution Tool Railway Transport on The Economic Growth of Azerbaijan
BAYRAMLI, Gadir
Abstract
Purpose: The purpose of this article is to study the theory of railway transport in Azerbaijan. And also to determine the economic importance of this mode of transport and analyze its relationship with the country's GDP. Research design, data and methodology: This paper studies the theory of railway transport with a focus on the case of Azerbaijan. The economic value of this type of transport is determined, and its relationship with countries' GDP was analyzed. A qualitative model of multiple regressions was developed to characterize the dependence of the GDP of Azerbaijan on the performance of the railway industry. The feasibility of the Gauss-Markov hypotheses was analyzed. Finally, an economic interpretation of the results from the developed model is provided. Results: The results show that the main factors of this dependence are the length of roads and the average monthly salary of employees of the railway industry in Azerbaijan. Conclusions: Therefore, it can be concluded that rail transport contributes to the country's economy. The commencement of active work on the new railway Baku-Tbilisi-Kars railway will increase contribution to the economy of Azerbaijan. The development of railway transportation is important for the country's economy, as it will contribute to the development of other sectors in Azerbaijan.
- keywords
- Distribution Tool, Railway transport, least squares method, Gauss-Markov conditions, Growth, Economy
Reference
Asadova Z. A. (2017) Azerbaijan and Central Asia: the revival of the Great Silk Road, Law and Political Sciences, Juvenis Scientia, (1), 19-21
Aschauer, D.A. (1989). Is public expenditure productive? Journal of monetary economics, 23(2), 177-200.
Beyzatlar, M. A., & Karacal, M., & Yetkiner, H. (2014). Granger-causality between transportation and GDP: A panel data approach. Transportation Research Part A: Policy and Practice, (63), 43-55.
Man, J. Y. (1998). Transportation infrastructure and regional economic development in China. International Journal of Public Administration, 21(9), 1307-1321.
Chong, Z., Chen, Z., & Qin, C. (2019). Estimating the economic benefits of high-speed rail in China. Journal of Transport and Land Use, 12(1), 287-302.
Choudhary, S. A., & Sultana, B. (2018). Effect Of Transportation Infrastructure On Pakistan's Economic Growth: The Gmm Approach. International Journal of Information, Business and Management, 10(3), 126-137.
Dehghan S. Z., & Safaie, S. (2018). Do transport infrastructure spillovers matter for economic growth? Evidence on road and railway transport infrastructure in Iranian provinces. Regional science policy & practice, 10(1), 49-63.
Démurger, S. (2001). Infrastructure development and economic growth: an explanation for regional disparities in China?. Journal of Comparative economics, 29(1), 95-117.
Deng, T. (2013). Impacts of transport infrastructure on productivity and economic growth: Recent advances and research challenges. Transport Reviews, 33(6), 686-699.
Deruzhinsky, V. E., Deruzhinskiy, G. V., & Tokmazov, Y. G. (2014). Transport in the System of Sustainable Development of the Regional Economy. Sustainable Economic Development, (2), 55-68.
Eliseeva, I.I. (2017). Econometrics: a textbook for undergraduate and graduate studies. Yurayt Publishing House.
Fan, S., & Chan-Kang, C. (2005). Road development, economic growth, and poverty reduction in China (Vol. 12). Intl Food Policy Res Inst.
Fernandes, E., & Pacheco, R.R. (2010). The causal relationship between GDP and domestic air passenger traffic in Brazil. Transportation Planning and Technology, 33(7), 569-581.
Hakim, M. M., & Merkert, R. (2016). The causal relationship between air transport and economic growth: Empirical evidence from South Asia. Journal of Transport geography, (56), 120-127.
Ismailov Ch. (2016). Improving the transport and logistics system and the sustainable development of Azerbaijan. Bulletin of Tver State University. (2), 149-155.
Jiang, X., Zhang, L., Xiong, C., & Wang, R. (2016). Transportation and regional economic development: analysis of spatial spillovers in China provincial regions. Networks and Spatial Economics, 16(3), 769-790.
Khadaroo, J., & Seetanah, B. (2008). The role of transport infrastructure in international tourism development: A gravity model approach. Tourism Management, 29(5), 831-840.
Khan, H. U. R., Siddique, M., Zaman, K., Yousaf, S. U., Shoukry, A. M., Gani, S., & Saleem, H. (2018). The impact of air transportation, railways transportation, and port container traffic on energy demand, customs duty, and economic growth: Evidence from a panel of low-, middle-, and high-income countries. Journal of Air Transport Management, (70), 18-35.
Mamedov Z.S. (2002) XXI century: Transport factor of economic development. Baku, Azerneshr.
Maparu, T. S., & Mazumder, T. N. (2017). Transport infrastructure, economic development and urbanization in India (1990–2011): Is there any causal relationship?. Transportation research part A: policy and practice, (100), 319-336.
Orlova I. V. (2007). Polovnikov V.A. Economic and mathematical methods and models. computer modeling: Proc. allowance. M .: Vuzovsky textbook.
Orlova, I. V., & Polovnikov, V. A. (2012). Economic-mathematical methods and models: computer modeling. Publishing house "Vuzovsky textbook".
Pereira, A. M., & Andraz, J. M. (2013). On the economic effects of public infrastructure investment: A survey of the international evidence. Journal of economic development, 38(4), 1-37.
Rzayeva, A. D. (2012). Causes of death of Azerbaijani railway workers depending on their professional groups. Actual problems of transport medicine. 3(29), 67-70.
Sahoo, P., Dash, R. K., & Nataraj, G. (2012). China's growth story: The role of physical and social infrastructure. Journal of Economic Development, 37(1), 53-75.
Sivilevičius, H., & Maskeliūnaitė, L. (2018). Multiple criteria evaluation and the inverse hierarchy model for justifying the choice of rail transport mode. Promet-Traffic&Transportation, 30(1), 57-69.
Tereshina, N. P., Podsorin, V. A., Danilina, M. G., & Sokolov, Yu. I. (2020). Economics of railway transport: Introductory course. study guide, part 2, Publisher: Federal State Budgetary Institution of Additional Professional Education "Educational and Methodological Center for Education in Railway Transport" (Moscow).
Xueliang, Z. (2008). Transport infrastructure, spatial spillover and economic growth: Evidence from China. Frontiers of Economics in China, 3(4), 585-597.
Yakovlev, V. B. (2018). Statistics. Calculations in Microsoft excel. A Textbook for Universities, 2nd ed., Corr. and Additional, M. Yurayt Publishing House.
Yoshino, N., & Abidhadjaev, U. (2017). An impact evaluation of investment in infrastructure: The case of a railway connection in Uzbekistan. Journal of Asian Economics, (49), 1-11.
Yu, N., De Jong, M., Storm, S., & Mi, J. (2012). Transport infrastructure, spatial clusters and regional economic growth in China. Transport Reviews, 32(1), 3-28.
Zefreh, M. M., Török, Á., & Mészáros, F. (2017). Average vehicles length in two-lane urban roads: a case study in Budapest. Periodica Polytechnica Transportation Engineering, 45(4), 218-222.
- Downloaded
- Viewed
- 0KCI Citations
- 0WOS Citations