Pradhan, Rudra P.; Bagchi, Tapan P. - In: Research in Transportation Economics 38 (2013) 1, pp. 139-148
This paper examines the effect of transportation (road and rail) infrastructure on economic growth in India over the period 1970–2010. Using Vector Error Correction Model (VECM), the paper finds bidirectional causality between road transportation and economic growth. It also finds...