Thomas Poufinas, Angeliki C. Panagopoulou, James Ming Chen
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Economic Determinants of Passenger Railway Transport in the European Union
This paper investigates the determinants of railway usage for passengers using traditional econometric and machine-enhanced methods. The analysis employs European Union data retrieved from The World Bank and Eurostat, spanning the years from 2000 to 2018 and covering 25 European Union countries. The size of the rail network, the gross domestic product per capita, and the fertility rate positively affect passenger traffic. Unemployment has a negative impact. Country-specific effects also appear. Policymakers, regulators, and private stakeholders in transportation, tourism, environmental protection, energy use, and economic development should focus on expanding the rail network, reducing unemployment, increasing GDP per capita, and adopting family-friendly practices. Such policies should be adapted to country-specific needs.
期刊介绍：
The Atlantic Economic Journal (AEJ) has an international reputation for excellent articles in all interest areas, without regard to fields or methodological preferences. Founded in 1973 by the International Atlantic Economic Society, a need was identified for increased communication among scholars from different countries. For over 30 years, the AEJ has continuously sought articles that traced some of the most critical economic changes and developments to occur on the global level. The journal''s goal is to facilitate and synthesize economic research across nations to encourage cross-fertilization of ideas and scholarly research. Contributors include some of the world''s most respected economists and financial specialists, including Nobel laureates and leading government officials. AEJ welcomes both theoretical and empirical articles, as well as public policy papers. All manuscripts are submitted to a double-blind peer review process. In addition to formal publication of full-length articles, the AEJ provides an opportunity for less formal communication through its Anthology section. A small point may not be worthy of a full-length, formal paper but is important enough to warrant dissemination to other researchers. Research in progress may be of interest to other scholars in the field. A research approach ending in negative results needs to be shared to save others similar pitfalls. The Anthology section has been established to facilitate these forms of communication. Anthologies provide a means by which short manuscripts of less than 500 words can quickly appear in the AEJ. All submissions are formally reviewed by the Board of Editors. Officially cited as: Atl Econ J
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