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Public Expenditure Competition in the Transport Sector: Intermodal and Spatial Considerations for Greece

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  • Theodore Tsekeris

    (Centre of Planning and Economic Research (KEPE), 11 Amerikis, 10672 Athens, Greece)

Abstract

The development of transport networks requires public investments, in terms of government expenditure, on several types of (road, rail, port, airport, and urban public transport) infrastructure, including their operational and maintenance services. This paper develops and implements a system-wide spatioeconomic model to analyze the expenditure competition among different types of investment in the Greek transport sector. The suggested approach can offer valuable insight into the economies of scale and synergies associated with a particular transport investment. It is also extended to consider how such investment determinants as population concentration, economic growth, and political considerations at the prefecture level affect expenditure allocation to different types of transport infrastructure. The results indicate the statistical significance of scale effects of transport investment, substitution effects of road investment on other types of transport investment, and political factors on different types of transport investment. Airport investment relates to the most significant synergistic effects on expenditures in other types of public transport facilities. Thus, policy makers must take these fiscal externalities into account for the strategic planning and evaluation of infrastructure supply, and coordinate or subsidize public transport projects with significant positive externalities.

Suggested Citation

  • Theodore Tsekeris, 2011. "Public Expenditure Competition in the Transport Sector: Intermodal and Spatial Considerations for Greece," Environment and Planning A, , vol. 43(8), pages 1981-1998, August.
    • Handle: RePEc:sae:envira:v:43:y:2011:i:8:p:1981-1998
    DOI: 10.1068/a44533
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    References listed on IDEAS

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    Cited by:

    1. Theodore Tsekeris & Klimis Vogiatzoglou, 2014. "Public infrastructure investments and regional specialization: empirical evidence from Greece," Regional Science Policy & Practice, Wiley Blackwell, vol. 6(3), pages 265-289, August.
    2. Sandberg Hanssen, Thor-Erik & Jørgensen, Finn, 2015. "Transportation policy and road investments," Transport Policy, Elsevier, vol. 40(C), pages 49-57.
    3. Tsekeris, Theodore, 2014. "Multi-sectoral interdependencies of regional public infrastructure investments," Socio-Economic Planning Sciences, Elsevier, vol. 48(4), pages 263-272.
    4. Jiang, Changmin, 2021. "Aviation tax and railway subsidy: An integrated policy," Transportation Research Part B: Methodological, Elsevier, vol. 146(C), pages 1-13.

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