Infrastructure Gap in Europe and the White Paper Programme of the EU-Commission
In: Konjunkturpolitik, Jg. 40 (1994) ; Nr. 3, S. 388-408
Zeitschriftenaufsatz / Fach: Wirtschaftswissenschaften
The paper looks for evidence if there is an infrastructure gap in Europe which may be a barrier to economic growth. Theoretical and general empirical considerations on the influence of infrastructure on growth are present. The empirical evidence of the claimed infrastructure gap in Europe is examined. Then the impact of building up of transnational networks as proposed by the EU-Commission is evaluated. The paper comes to the conclusion that the program seems not appropriate to solve the problems because the measures are oriented towards the principle of cohesion instead of efficiency.