<p>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.</p>

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Economic Determinants of Passenger Railway Transport in the European Union

  • Thomas Poufinas,
  • Angeliki C. Panagopoulou,
  • James Ming Chen

摘要

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.