Effectiveness of Toll Road and Railway Infrastructure Development in Indonesia
Abstract
The purpose of this study is to analyze the effectiveness of toll roads and railways on welfare in Indonesia from the first quarter of 2006 to the fourth quarter of 2020. Toll roads are measured by the length of toll roads, railway lines are measured by the number of train passengers, and welfare is measured by GDP. per capita based on constant 2010 prices. Data analysis techniques use Vector Auto Regressive (VAR), Impulse Response Function (IRF), and Variance Decomposition (VD). The results show that toll roads are much more effective than railways in Indonesia during the study period.
Downloads
Downloads
Published
Issue
Section
License
Authors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).