- International Journal of Transport Economics, vol. XXXVII, n. 1, 9-30 (IF)
- Ports and Local Development: Evidence From Italy
- Ferrari, C. – Percoco, M. – Tedeschi, A.
The role of infrastructure as an engine of growth and development of
countries and regions is now widely accepted by scholars in the field.
Among the various types of transport infrastructure, ports are considered
as particularly strategic because of the increasing importance of maritime
transport in connecting territories. In this paper we study the impact of
ports on Italian provinces. To this end, we assume that sectoral employment
is a function of a series of controls and of maritime traffic. We extend
this framework to take account of selection bias as well, finding that the
elasticity of service sector employment to maritime traffic is about 0.02.