The macroeconomic impacts of the Attiki Odos motorway in the Greek Economy: An Input–Output Analysis

Belegri-Roboli, Athena and Markaki, Maria and Michaelides, Panayotis G. (2010): The macroeconomic impacts of the Attiki Odos motorway in the Greek Economy: An Input–Output Analysis.

Abstract

This paper estimates ex-post the macroeconomic impacts of the high-speed toll motorway investment of Attiki Odos, in the Athens Metropolitan Area in Greece. Attiki Odos is incorporated in the Trans-European Networksand it is a priority project aimed at developing the greater area of Athens and the Greek economy as a whole. The investment vector was assembled from figures calculated ex-post. The input-output model was used to estimate relative changes in output, employment and occupations by sector of economic activity. We show that the construction of the Attiki Odos grid has significantly affected the broader area.

• Item Type: MPRA Paper
• Language: English
• Keywords: Athens Area, input-output, macroeconomic impacts, motorway.
• Subjects: C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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