Impacts of Seaport Investment on the Economic Growth

The aim of this paper is to estimate the impact of seaports investment on the economic growth. Seaports are seen by many governments as an important factor in the strengthening of the economies. During the last two decades, the Tunisian succeeding governments have been allocating a great amount of m...

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Main Authors: Tahar Ammar Jouili, Mohamed Anis Allouche
Format: Article
Language:English
Published: University of Zagreb, Faculty of Transport and Traffic Sciences 2016-08-01
Series:Promet (Zagreb)
Subjects:
Online Access:https://traffic.fpz.hr/index.php/PROMTT/article/view/1933
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author Tahar Ammar Jouili
Mohamed Anis Allouche
author_facet Tahar Ammar Jouili
Mohamed Anis Allouche
author_sort Tahar Ammar Jouili
collection DOAJ
description The aim of this paper is to estimate the impact of seaports investment on the economic growth. Seaports are seen by many governments as an important factor in the strengthening of the economies. During the last two decades, the Tunisian succeeding governments have been allocating a great amount of money to develop seaport infrastructures. However, the Tunisian economy witnessed fluctuations in the economic growth rates and decrease in the rate of employment during the same period of time. This study used an econometric model by employing the Cobb-Douglas production function. The sample was composed of Tunisia's economic sectors (manufacturing, services and agriculture) over the period 1983-2011. The results of the study show that the public investment in seaport infrastructures has a positive influence on Tunisian economic growth. The study also revealed that the biggest beneficiary from the seaport investment infrastructure is the service sector. This paper aims to estimate the impact of seaports investment on the economic growth. The seaports are seen by many governments as an important factor in the strengthening of the economies. During the last two decades, the Tunisian succeeding governments were allocating a great amount of money to develop seaports' infrastructures. However, the Tunisian economy witnessed fluctuating in the economic growth rates and decreased in the rate of employment during the same period of time. This study used an econometric model by employing the Cobb-Douglas production function. The sample composed of Tunisia's economic sectors (manufacturing, services and agriculture) over the period 1983-2011. The results of the study show that the public investment in seaports' infrastructures has a positive influence on Tunisian economic growth. The study also revealed that the biggest beneficiary from the seaports investment infrastructure is the services sector.
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spelling doaj.art-0d837604ced64814875b244a58a587be2022-12-21T23:58:20ZengUniversity of Zagreb, Faculty of Transport and Traffic SciencesPromet (Zagreb)0353-53201848-40692016-08-0128436537010.7307/ptt.v28i4.19331933Impacts of Seaport Investment on the Economic GrowthTahar Ammar Jouili0Mohamed Anis Allouche1Northern Border UniversityCollege of Business Administration, Northern Border UniversityThe aim of this paper is to estimate the impact of seaports investment on the economic growth. Seaports are seen by many governments as an important factor in the strengthening of the economies. During the last two decades, the Tunisian succeeding governments have been allocating a great amount of money to develop seaport infrastructures. However, the Tunisian economy witnessed fluctuations in the economic growth rates and decrease in the rate of employment during the same period of time. This study used an econometric model by employing the Cobb-Douglas production function. The sample was composed of Tunisia's economic sectors (manufacturing, services and agriculture) over the period 1983-2011. The results of the study show that the public investment in seaport infrastructures has a positive influence on Tunisian economic growth. The study also revealed that the biggest beneficiary from the seaport investment infrastructure is the service sector. This paper aims to estimate the impact of seaports investment on the economic growth. The seaports are seen by many governments as an important factor in the strengthening of the economies. During the last two decades, the Tunisian succeeding governments were allocating a great amount of money to develop seaports' infrastructures. However, the Tunisian economy witnessed fluctuating in the economic growth rates and decreased in the rate of employment during the same period of time. This study used an econometric model by employing the Cobb-Douglas production function. The sample composed of Tunisia's economic sectors (manufacturing, services and agriculture) over the period 1983-2011. The results of the study show that the public investment in seaports' infrastructures has a positive influence on Tunisian economic growth. The study also revealed that the biggest beneficiary from the seaports investment infrastructure is the services sector.https://traffic.fpz.hr/index.php/PROMTT/article/view/1933seaportseconomic growthseaport investmentseaport capital stockTunisia
spellingShingle Tahar Ammar Jouili
Mohamed Anis Allouche
Impacts of Seaport Investment on the Economic Growth
Promet (Zagreb)
seaports
economic growth
seaport investment
seaport capital stock
Tunisia
title Impacts of Seaport Investment on the Economic Growth
title_full Impacts of Seaport Investment on the Economic Growth
title_fullStr Impacts of Seaport Investment on the Economic Growth
title_full_unstemmed Impacts of Seaport Investment on the Economic Growth
title_short Impacts of Seaport Investment on the Economic Growth
title_sort impacts of seaport investment on the economic growth
topic seaports
economic growth
seaport investment
seaport capital stock
Tunisia
url https://traffic.fpz.hr/index.php/PROMTT/article/view/1933
work_keys_str_mv AT taharammarjouili impactsofseaportinvestmentontheeconomicgrowth
AT mohamedanisallouche impactsofseaportinvestmentontheeconomicgrowth