Studies in various parts of the world have demonstrated that the demand for transport of goods and passengers usually increases more quickly than the GDP per capita. In the developed economies, transport demand grows annually by some 20-25 percent more than the growth of GDP per capita; whereas in the developing economies the growth rate of transport surpasses that of GDP per capita by up to 50 percent. European examples of this growth differential for freight and passenger transport are given in Table 1.1.
KeywordsEurope Transportation Income Posit Hone
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